Awaiting an impulsive break below this large rising wedge on the /ES 60-min chart for a sell signal while /NQ starting to crack below the wedge, but needs a comparable break on /ES to confirm the sell signal. (charts in a ‘gallery’, such as the first two below, will not appear on the email notifications but can be viewed on the site by clicking on the title of this post).
SOXX (semiconductor sector ETF) ran into key downtrend line resistance yesterday following an extended, overbought run.. a likely reversal point.
Awaiting a break below this minor uptrend line for the next sell signal on /CL (crude oil futures) as well as any of the crude ETNs such as USO, DWT, etc.