Going to form a Bearish Flat?
Just speculation.
This chart seems to respect Gann Box, Gann Square, and Arcs as depicted.
If so, Gann 1 x 1 would exhibit a significant resistance at the 17400-17700 level.
If so, an Elliott wave theory's Bearish (expanded) flat could form.
Again, this is just speculation- for a more orthodox analysis, see my previous ideas linked below.
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