"When you come to a Wedge (sic) in the Road, Take It! - Yogi Berra
3M, Daily - Apr. 17 - Rising Wedge with progressive compression of the upper range. The odds would suggest that it would break to the downside. Early morning action could prove pivotal to the next market move.
10 D, Hourly - Apr. 17 - Hourly chart shows market at upper limits of wedge in a rising channel. Gold Spot indicates possible pull back target near the 20 D, MA line. Take note of the MACD and CCI indicators. Both are Bullish but with a very slight tilt to the downside suggesting a weakness in momentum. Weekends, however, do have a way of changing sentiment.
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