The MACD showed divergences while the price brokeout from the triangle pattern marked with the green trend lines.
The candlestick patterns showed weak patterns at the new highes and the levels remained unsustainable.
The price below 50 SMA is a concern and looking for support at 200 SMA near to the 0.618 retracement level of 171.
The MACD reading below the zero line and the histogram in red indicating weakness in trend concur with the overall weakness existing at the peaks.
The candlestick patterns showed weak patterns at the new highes and the levels remained unsustainable.
The price below 50 SMA is a concern and looking for support at 200 SMA near to the 0.618 retracement level of 171.
The MACD reading below the zero line and the histogram in red indicating weakness in trend concur with the overall weakness existing at the peaks.