If the triangle holds, look for a short term long from $400-435.
Commento:
Cancel Long. China has broken down. I no longer like this trade.
Commento:
Commento:
Looks like the trade to upside would have worked. I did not trade it due to China breaking the triangle. This is building up to a large move either direction.
Commento:
Hopefully within a month or so we will know which way this is going.