Yeah looks like the wedge broke out at the .786 and didn't bother testing the .88
We'll have to see volume enter for any meaningful price action.
I presume the stop loss was hit, could be a chance to reload. For myself however, I'm watching these levels rather carefully. ICX made a "lower low" and rebounded rather quickly, if that's any indication of sentiment.
Yes, and the rally is playing out. I believe it should fizzle out by 3pm EST today or so...
Yeah looks like the wedge broke out at the .786 and didn't bother testing the .88
We'll have to see volume enter for any meaningful price action.
I presume the stop loss was hit, could be a chance to reload. For myself however, I'm watching these levels rather carefully. ICX made a "lower low" and rebounded rather quickly, if that's any indication of sentiment.