dereckcoatney

Keep an Eye on This Rising Wedge

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Related to my last post, keep an eye on this bearish rising wedge pattern forming (sigh, yet another rising wedge pattern). If it breaks with force, then we are still on track to see the head and shoulders pattern deteriorate. If the futures climb up out of it, also with some force, then a continuation of the "Z," or final zag of the double zig zag grows in probability.

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