Mystery Chart (09-29-2021)
September 29, 2021
Here’s this week’s chart:
The first thing to notice here is that price just pierced through the upper bounds of a big basing pattern.
The next thing that stands out is the waning momentum that's accompanied the recent breakout to fresh highs.
We've been seeing both breakouts and breakdowns fail as the market continues to be a mess this year.
So, is this just another failed breakout?
Or are these new highs here to stay?
Let us know what you are doing: Buying, Selling, or Sitting It Out?
Tweet me at @Sstrazza or shoot me an email to steve@allstarcharts.com.
And, as always, check back in later to find out why this chart is relevant.
Allstarcharts Team
*** Click here to read the reveal post for this Mystery Chart ***