Month’s Theme: A rally into an important resistance on at least a one-month scale. We’ll then decline from that resistance with consecutively lower spikes up on the way down.
Behavior Around the High: An important resistance level that volume and volatility will flatten out around.
Behavior Around the Low: A rally out of the low along a diagonal trend line. We’ll break through horizontal resistance to meet a secondary resistance level and then pull back to somewhere between those two price levels.
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