Today's close is fairly important imo. If it closes below the wedge lower line then we could be in for trouble although the 50% line may still provide support. If it closes above then I'm going with a false break of the lower line this week and we should be at least sideways, possibly up from here.
A close today below 50% fib(although very unlikely) would not be pretty.
Daily Chart first, weekly second.![]()
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