I don't have much to say, except that maybe we are halfway through the head in an inverse head-and-shoulders. The neckline is $1,800. The trough is $1,200. It will probably take another a year or two to complete, but it projects to north of $2,400. And if you marry it to my other recent analysis, which is more short-term and looks at the potential cup-and-handle that could be another inverse head-and-shoulder within the larger one on the weekly, all you're doing is setting up an even higher target.
