It looked to me that the neck line of this weekly H&S has been broken.
There is still another layer of major horizontal support zone around 73-76 where a rebound will definitely test
the resistance line again.
Major uptrend is over. Right now price is threading in the thinner downtrend channel.
Next minor support is around 63.
There is still another layer of major horizontal support zone around 73-76 where a rebound will definitely test
the resistance line again.
Major uptrend is over. Right now price is threading in the thinner downtrend channel.
Next minor support is around 63.
