Here’s something many traders might not be taking note of that could sweep them off their feet. It’s important to see the big picture.

Let’s talk zones. We have just hit a key level of resistance (white line) with another key level approaching (white line descending wedge ). This tells me two things.

1. We could see a slight pullback to 1st line of support- roughly 9200 (green line) followed by a breakout of the wedge into new highs for this year


2. We could see a continuation of our wedge pattern into a bear market down to 7700 (yellow line) and a later bull market around September.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out