More often than not symmetrical triangles resolve themselves in the direction of the main trend, which in the case of the daily is obviously down.
chart: investing.com
Crude oil (Dec 11)
It is too premature to go long here. Never try to catch a falling knife.
chart: investing.com
ES (Dec 11)
Promising bullish engulfing daily candlestick after marking new half year lows. Follow-through will be the key, though, as bears still seem to have the upperhand, controlling the trend.
