Lower volume and upward trend suggests another falling wedge is forming. Per my previous falling wedge, it reached target level.
This pattern will make or break depending on tomorrow's earning and economic data. However, I'm currently bearish.
This pattern will make or break depending on tomorrow's earning and economic data. However, I'm currently bearish.
Comment:
Comment:
I think tomorrow when the market opens, pretty sure it'll break out of the space that's depicted above. Nevertheless, I'd think there'd be some buy/sell pressure at the second and third level. I'm expecting mid 150 tomorrow bear. For bull, high 168 max.
Comment:
Sorry everyone, it's not a falling wedge. it's RISING wedge. Anyways, this is true because of two reasons: 1. rising trend and 2. lower volume.
Comment:
Trade active:
11 puts
Comment:
bigger handle..?
bigger handle..?
Comment:
Trade closed manually:
Profit at low 154.
