Gap matching exactly with 0.61 fib retracement level.
Rising wedge forming, targeting 7200 to finally close the CME gap. Bear trap or no ?
Rising wedge forming which is normally bearish. We will see how this play out
First target : 2800 Second target : 2400 Third target: 1800 Be smart and don't buy the top after the weekly close we got last week. We are not in a rally yet and maybe not even this year.