It appears that in september some time, the currently forming ascending wedge pattern will play out - unless there is some news or good reason for it to move otherwise.
It's tempting to be both optimistic and pessimistic about this. In any case, the pattern and market sentiment is bearish. If it proves bullish and hits the 26k range I will be surprised.
It's tempting to be both optimistic and pessimistic about this. In any case, the pattern and market sentiment is bearish. If it proves bullish and hits the 26k range I will be surprised.
