Taking a shot at rising wedge trend analysis. Turned out pretty cool B).
Seems we had a false breakout in mid-May, late June and also a tiny one July 30th but Price is running out of runway here and still struggling to break above.
Best case we get an exhaustion overthrow, worst case we see programmatic selloffs again.
What can't go up, must come down.
GO BEARS!
Seems we had a false breakout in mid-May, late June and also a tiny one July 30th but Price is running out of runway here and still struggling to break above.
Best case we get an exhaustion overthrow, worst case we see programmatic selloffs again.
What can't go up, must come down.
GO BEARS!
Comment:
Stuck right at top of wedge today.
Comment:
What a beautiful exhaustion overthrow! Time for crash.
Data analyst with a passion for best fit lines B)
