MFI trendline intersection hold possible 14900-17100

1 thg 11, 2019

We had double touch top of wedge at the confluence point on MFI and holding monthly support atm at 9035 which could leave 14900-17100 range wide open. We also re-gained the previous support trendline before the drop to 3k. Possible wick to 8500/8600 area if we cannot break above 4H upper trendline and get forced out of monthly but this would be the spring to push us back up through current range.