Daily Chart
> Looks like SMC is forming a Potential Bearish Shark Harmonic Pattern with PRZ at 118.22.
> It seems that SMC is forming a Cup and Handle. The possible target of Cup and Handle coincides with the PRZ of Potential Bearish Shark.
> Resistance at 87 and support at 80.
Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 62.97.
> RSI just completed Bearish Crab Harmonic Pattern.
> 60.14 or 100% Fibonacci Extension is acting as support while 64.59 or 113% Fibonacci Extension is serving as resistance.
#Caveat
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Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
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