While the daily trend is still up and the volume signatures are positive, it's important to watch this potential rising wedge on the shorter timeframes. The RSI & MACD are also starting to diverge signifying some loss in momentum. Several other names are also showing divergences at the recent highs (NEO & EOS for example).
The lower trend-line is now a significant and a break below it could see a leg down that sets up a higher-low on the daily. Something to watch over the next couple of days. On the upside, clearing the 6900 zone would be bullish.
The lower trend-line is now a significant and a break below it could see a leg down that sets up a higher-low on the daily. Something to watch over the next couple of days. On the upside, clearing the 6900 zone would be bullish.