Draghi this week and the ECB, so we must remain patient.
On to the lie -
Gonna be sad to see the wedge go (if it's going).
SPX 5m - The top end of the wedge. Negative divergences abound.
SPX 30m - Once a wedge this large overthrows the top resistance (especially at strong 1990 support resistance point and at a double 61% retacement point it's usually a pretty good sign a reversal is overdue.
SPX Daily -
Freedom watch -
Ever wonder why we can't get ahead in the middle east of why we can't stop anything happening in Turkey? U.S. Supplies ISIS through Turkey
More to come below.
Have a good week.
GL and GB!
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