Big resistance levels in this area. Bulls really need to break the top of the descending wedge to be rolling. Bears happy the bottom of the former ascending wedge is still holding. There should be some consolidation here, if not an outright rejection.
We are above the long-term trend line, but this is a much longer trend line so really needs longer timeframes to confirm.
We are above the long-term trend line, but this is a much longer trend line so really needs longer timeframes to confirm.
