We are currently sitting on a long term support line that has held pretty consistantly over the past year. It appears that all a breakout is not schedule until q3 or even q4 of this year, but we should know more as the support trendline approaches the 3400 resistance level, which has been consistantly rejected. The current price presents an attractive level to swing trade a move towards 3400 or even 3500.
Trend Analysis

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