Fell out of wedge today and couldn't close back inside. Nearest support is weekly trendline support(yellow line which is -130pts from today's close. nearest resistance is wedge support which coincides with fib resistance .786 which would indicate a possible +147 PT. Look at the last 8 trading days and all the candles ended up with long wicks which indicates profit taking at the end of each day. nobody is leaving money in overnight, just something to think about if your a day trader.
Also big job reports coming Thursday and Friday.
Also big job reports coming Thursday and Friday.
