Once This wedge structure breaks to the downside sell off will resume. I'm thinking today is the last day of the shorts getting squeezed.
Note
We are retesting the wedge that we broke down from (coincides with the 200MA).. If we find resistance we gonna head lower and Volume will pick up. Some news must be pending. Or everyone one waiting on the Large companies to report nest week. Let see what that might be... Note
S&P500 200 MA is actually at 2740. That comment was for DJI
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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.