Possibly two identical falling wedge patterns. Let's keep a watch especially since this 2nd one is occurring near the 20 day SMA and what would be a completed flat.
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| 10 Min - 12:25 PM |
Bulls wanna break the red horizontal line.
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| 10 Min - 12:23 PM |
Bulls are in trouble. They need to reverse this if they want a chance.
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| 10 Min - 11:00 AM |
Just a heads up speculative scenario to add to the watch list if the bears cannot flush this.
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| 60 Min - 7:58 AM |
This ED may be complete.
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| 5 Min - 7:12 AM |
However, until the bears can truly flush this, there are some other bull patterns in the works at the higher degree (60min)
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| 60 MIn - 7:12 AM |
The ED is looking good and the wave B for the flat (red option) has been moved up to the 1775 high.
We should also be looking for acceleration here if the nested 1-2 i-ii option is in play as mentioned yesterday. Until that happens, the ED and flat options are the ones I'll be watching first.
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| 5 Min - 6:42 AM |
