Note: The DP Weekly Update will now be published every Friday so we can analyze the final weekly charts.
Price surged on the open likely helped by China lowering its interest rates for the first time in two years. After that it was all downhill. The bull flag executed first thing this morning and price made its way past the minimum upside target in the first twenty minutes of trading. That was unexpected mainly because today is options expiration and the Friday before a holiday week, so the expectation had been for high volume, low volatility.