60 Min |
Weekly |
Note the weekly shooting star candle. MACD looks bullish though so watch that descending TL for any signs of resistance. It may correlate with the upper TL of the wedge.
Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.