Since GERM broke the key level of structure to the downside has finally bounced and began to make a retracement - if we drop to LTF we can see how the retracement is in the form of this rising wedge and looks as though bears are still very much in control due to the weakness of the retracement move. Looking for more downside on this one but first i would like to see a push above them micro highs to stop early shorts and induce bulls into the market.