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Here, I've marked a pennant formation on the chart for you. It's a beauty, isn't it? Even though this looks like a good market to trade, I wouldn't take another step until I confirmed that this market really is in an uptrend. And I'd want to make sure that I was buying my option at the best possible time – which is when prices first break out of the triangle. So this is when I turn to an exclusive feature of US Charts Online – the amazing Trend Seeker™.
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