So I went back and recharted this.
The yellow larger wedge was broken Monday 9/20
The smaller white wedge was broken 9/8
With that being said This 200 pt opener was not the dead cat bounce that accompanies a wedge fall out but was a technical rally.
I'm now convinced we head lower to the 200ma at around 33,227.. All green openers should be faded until we arrive at 200ma.
The yellow larger wedge was broken Monday 9/20
The smaller white wedge was broken 9/8
With that being said This 200 pt opener was not the dead cat bounce that accompanies a wedge fall out but was a technical rally.
I'm now convinced we head lower to the 200ma at around 33,227.. All green openers should be faded until we arrive at 200ma.
