- In Trading Thoughts / Economics
- Last Updated: 16 November 2013
- By Gary Caumont
We've broken a wedge downside after hours- see the following 19wk daily chart.
"A" start at 705 to the center of "B" at 550.5 projects a 396 "C" target. The break of the wedge's lower trendline targets the same 396 area with the vertical line representing the mouth of the wedge. We are down over 9% to 459 as I write.