NQ - Rising Wedge - Drop it like it's Hot
Updated
Here is another look at the rising wedge but this time on /NQ. It is nearing the apex so I would like to some a break out in either direction soon, and I think we will. This is a pattern has bearish implications. It goes without saying, but anything is possible. Still, I am not discounting the bearish pattern.
Note
Price broke out of the pattern and then pulled back in overnight. The bulls desperately trying to keep this run alive. They may be able to yet. We will see.
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