Traders are watching this Rectangle on AON. Inspect the chart now.
Sideways movement between parallel supports.
Bearish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Aon plc (AON) on the daily chart. With a last close of $317.74, volatility remains active (-2.74%). Algorithmically, a Descending Triangle structure has completed. Volume is average (0.79x avg) with moderate trend strength (2.9). A potential breakout level is identified at $306.52, targeting $272.28 with support near $340.76 (R:R 1.0).
What is your outlook on AON?