More on this later, but the chart indicates weakness. That said, I am not sure what to make of the bear wedge just yet. Does this lead the entire market lower? Do we go sideways for a little while and then take off higher?
For now, really interested in the price action at $214 and will continue to monitor.
For now, really interested in the price action at $214 and will continue to monitor.
Comment:
Going to provide a new chart - looking bullish.