We saw an impulse up from an ascending triangle get rejected at our middle bolinger band forming a rising wedge. The wedge has sense broken south and forming a bear flag. If indeed a bear flag. We use pole length to determine trajectory which would fall right in line with a previous level of support around 3100
Komen:
Another impulse up? Looking like an ascending broadening wedge
Komen:
Komen:
Bull cross fake out ! 50 tried to go vertical of 200 but rejected on hourly and 4 hr charts forming a death cross!