Pennant in Nasdaq Futures
This pennant has not signaled which way it'll break out, but it's imminent. A solid breakout in either direction would go about 3.5% from the break point, based on the size of the pennant.
If I had to guess, I'd say there's a higher probability of a downside break (long term charts, currently in a downtrend).
If I had to guess, I'd say there's a higher probability of a downside break (long term charts, currently in a downtrend).
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