3 Year Channel Starting to Breakdown
Chart speaks for itself. Tend to see a waterfall back to the bottom of the channel as soon as it touches the top. I doubt this is breaking down to the upside, seeing as its history for wanting to find stability back in the channel trends as soon as it leaves (hence the insane volatility outside of the channel). It already failed to breakout and retouched the top, so I'd expect a rapid selloff down to the bottom of the channel within the next couple weeks. From there we might see the channel start to breakdown entirely as we test March's lows.
Nota
Wow haha in the time it took to make this it went from +2% to -1%, might've been right on time
Aviso legal
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