STI Broadening pattern

16 thg 4, 2020

STI had briefly broken down below the broadening pattern and quickly recovering back. If it stays inside the pattern then we should see it reach the top of the pattern. If not, it is headed for the previous long term support as per the pattern target.

But in reality, it might do neither. I am assuming it will do a partial pullback inside the pattern and then breakdown but may not reach the pattern target.