It's in a period of narrowing consolidation after retreating from the highs. At the moment it's testing the upper portion of the wedge. The bulls made some peaks on the way down that they will now have to work against on the way back up, but breaking out of the first one is the biggest step to achieving momentum.
I don't trade based on my predictions. I let the market tell me which way it's going then I try to hop on as the train is leaving.
I don't trade based on my predictions. I let the market tell me which way it's going then I try to hop on as the train is leaving.