The Stock Market is very volatility. As a result, we have been looking at various sectors to determine what sector can lead us out of this big consolidation pattern.
The chart is a 2h of the Dow Jones US Electricity Index. The higher trend is a weak bullish trend and can become strong if it breaks the major pivot high.
Due to the consolidation pattern this instrument has under taken in the past, we have decided to take a breakout trade.
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