Symmetrical triangle breakout direction unclear on $VXRT

Weekly channel is up ---> bullish

Strong tests of resistance fail to follow-through ---> bearish

Price volume higher on bullish bars and decreases on bearish bars ---> bullish

Price action can be interpreted as distribution or accumulation ---> neutral

Increased institutional interest ---> bullish

Dilution ---> bearish (probably short-term)

CONCLUSION: could go either way, triangle breakout will be decisive

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