The Double Top is well formed. The formation of Long-Legged Dojis in the last 8 hours shows some indecision. These shadows are the longest we have seen in a while. We expect a break soon. Unless there is more negative news the RSI and MACD are pointing to a move up. We have set our alerts and will be watching this closely. We still have our trade from last night that we wrote about and are up a little over 3%. If the break is to the downside we have a stop at a 2% profit. If it breaks to the upside we will be adding to it as it looks like we will move to resistance at 10430.

4 hour

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(We are not professional traders this is just our opinion. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.)