Could a new right shoulder be bulding? It's clearly a possibility. If this is the case we should see more upside acition towards 1,200, but could see a move towards the 1,224 - 1,225 area before this minor rally is over.
If a bigger Shoulder/Head/Schoulder is building a break below the neckline at 1,100 would open up for a decline towards the 803 area.
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