battle of the wedges

a long-term bearish wedge and a short-term bullish wedge combine

note that today there was a re-test of the bearish wedge and also of the long-term trend line

staying above here keeps the bullish wedge in play, for a run at the gap and the top of the wedge

getting below for too long = trouble

I lean bullish, failing to fill this gap would just be a sad story

Kommentera:

have some small positions in short term calls, let's see