Since the very large bounce recovery post Trump tariffs, it made a higher high, but since then it is moving limply and there is plenty of "trap door" risk here.
Current area looks like a continuation pattern.
We might get some impulsive splash down action soon.
I've been calling this one for a while - see linked thread.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
http://dlvr.it/TMz5Ql