So far, no fade. An hour into trading and they are simply not giving anything back. Has to happen soon or I'm on the wrong side of the trade this morning.
On a slightly longer term basis, I do believe we are seeing the first thrust back up in what should be seen as a bearish wedge. This can carry for a few days and the timing makes it such that this week could provide that wedge to develop.
On a slightly longer term basis, I do believe we are seeing the first thrust back up in what should be seen as a bearish wedge. This can carry for a few days and the timing makes it such that this week could provide that wedge to develop.


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