This chart formation has been well behaved so far.
The dip today hit our target of 1225 right on the nose.
Let's see if the price can now consolidate and then begin its breakout.
Classic Example
Saint Michael the Archangel, defend us in battle; be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray: and you, Prince of the heavenly host, by the power of God, thrust into Hell Satan and all of the other evil spirits who prowl about the world seeking the ruin of souls.