Symmetrical triangle is being formed in TUGS, give it a few more days to see what will happen next. Stochastic looks good. If not, might be seeing this land around 1.80
What other people think
Are we looking at another run up? Let’s see if it will sustain convincingly. Keep in tabs.
Keep watching DAVIN, you can within the the fibo area. Cut below 5.70 or where you feel comfortable. Stochastics and RSI looks good and stable in daily and weekly.
What other people say
SLI is forming it’s handle and it seems like it’s about to breakout anytime soon. Ichimoku indicators should get out of the cloud soon. Caveat!
SM is looking to break it’s resistance at 957.80, If this breaks, might take us to 1,200 areas.