Emerging Descending Triangle detected on US 500 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 6029.41 and it is expected to move to 5903.9964.
US 500 formed a Descending Triangle on the 4 hour chart. Retest of support in sight.
