A new revision with more data looking more into the macro wedge, it insinuates that we may be approaching a bit of a squeeze
Price is currently making a rounded formation, where Im seeing possibly a W shape recovery to bring us up to the wedges resistance, or some sort of reaction at this bottom trendline/highlighted area to give us some volume to come in.
The RSI is also forming a sort of wedge. just thought id point that out. this is the DAILY view.
NFA -