There is a visible broadening wedge pattern better seen on the 1H time frame of Wall Street. It is basically a megaphone in a horizontal direction.
There are probabilities for both the south and the north. Guesstimated ranges of price are shown - but this is not a prediction, as I do not know the future.
The markets can do as they like and 'disobey' any...
USM is now in a broadening wedge pattern. Past volatility has proven profitable, hence my long order is till 50 MA and my short order is till the last low.Also, the volume has decreased showing there maybe a large breakout about to come and the Coppock curve is in a horizontal pattern and has also gone negative so it may rebound and go positive.