The first target at 1,452 was almost met this week with a high at 1,450.65.
Downwards movement was expected to end within a very few hours after last analysis was published and thereafter to be followed by an upwards breakout. Today price has closed above the upper edge of the pennant pattern, but a lack of support from volume so far is suspicious.
The pennant pattern remains valid; the breakout is now expected within the next few hours. The targets calculated from the flag pole of the pennant pattern and from Elliott wave remain the same.
A small range day remains within the trend lines of the pennant pattern. The target remains the same. The breakout is expected within the next one to two sessions.
A pennant pattern may be completing on the daily chart. A target is calculated from the flag pole.
Price remains range bound. The short-term structure on the hourly chart now suggests the most likely breakout direction.
Price remains range bound. A breakout is expected shortly. Elliott wave counts provide targets.