re: possible rising wedge : paperclip We had another wedge, broadening ascending, that broke out downwards on 18 May. There seems to be a parallel with the MACD now and then.
On 12 May the two lines in the MACD diverged after nearly crossing confirming the bearish crossing 2 or 3 weeks before.
We are at a possible breakout point of the current wedge and yesterday we had very similar MACD action with the lines again diverging after nearly crossing up.
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