AST looking for next pop off or new market movement.
When looking at the AST chart we seeing a falling wedge that has been in place for a little while. It is going to be looking for a strong support soon at either the 3500, 2900, or 2500 range. At one of these support lines I would expect to see either a small/decent pop or possibly the start of a new market cycle.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.