Shanky’s Technical Analysis and Market Commentary: Morning Charts 12/30/13 SPX /ES
Minis 4hr – The third iteration of the rising green wedge. You can see the first two busted wedge supports as dashed green diagonals.
Minis 60m – And the upper yellow rising wedge that suspiciously broke support last night before reaching the upper green wedge resistance. 1823 and 1810 are support and 1851 is resistance. That’s a very wide range.
Have a good day.
GL and GB!