If we can get a strong opening tomorrow we can kill 2 birds with one stone. There are 2 bull flags in play, a small one on the daily look and the bigger one that has been forming since the bull market high at 1033. A strong opening tomorrow will takeout both top rails at the same time as they are situated just above our heads. The smaller red flag projects to our old high at 1030 but the bigger blue flag says 1400 before it exhausts itself.
The green circles shows how if we break the top rail by a certain margin we will break the bottom rail by an equal amount. Its just a symmetry thing. I believe the top blue rail is in the right spot and we will know if we get a backtest after the breakout.
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The weekly look puts it all into perspective.
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