I posted this wedge a few days ago in my US indices analysis. Looks like this wedge might brake today. If we see a good push down below the wedge, it could be real and that the (temp) high might be set now
Comment:
I am going to short partially now and will increase if the wedge breaks
Comment:
Looks like a real break and start of the drop, target of the wedge is around 6875. We could see another rally from that point or simply drop to the 6600 support which is a very important level.
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