Good morning STB!
The “ruling” class is taking over Europe.
Good v evil
On to the lie -
Minis off 55. Finally got some form to the fall. A rather tight wedge. Tight wedges don’t last long. IMO They lead to one of two things. A dramatic but brief drop breaking support and forming a larger falling wedge with less slope is probably the best option. That would suggest a recovery of some sort then a prolonged downturn. The other option is a much deeper dramatic breakdown forming a larger, more pronounced falling wedge with a much steeper slope. Far greater volatility in this scenario. A wedge will lead to the next wedge and so forth till the cycle ends. Try to see the patterns develop - both up and down. Look for the obvious turning points as you draw diagonals.
Have a good day.
GL and GB!
