kochelli

kochelli

In the current pennant the trendlines converge on Sept 14. The trendline is broken and Ichimoku are transcended at 4682, while it maintains the bull market beginning in march. The lower trendline from July 16 is broken at 4200. Just drawing lines and making shit up over here.

kochelli

Using the upper trend from March and the nadir of July, there is a rising wedge that comes to a convergence at around $6200 in late October.