Short term we are nearing the apex of a rising wedge.
Bullish if a close above 6800.
Intermediate/Long, continued bear. Possible leg down to 5800. Looking for a bounce from there.
Neither completely bullish, nor bearish, waiting for above confirmation.
*Note a daily high of $6660, ominous.
Trade safely the next few days, my friends!
-Achilles
Bullish if a close above 6800.
Intermediate/Long, continued bear. Possible leg down to 5800. Looking for a bounce from there.
Neither completely bullish, nor bearish, waiting for above confirmation.
*Note a daily high of $6660, ominous.
Trade safely the next few days, my friends!
-Achilles
Note
Looks to me like the bears are in control today. I am expecting a major move around 1500 EST. Set your SL's and get ready for the ride. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.