Last 8 days of trading has. created a baby bearish wedge. RSI and macd are both bullish on daily which has me thinking we could test the top of this channel 34,725. ISM manufacturing numbers are out tomorrow 6/1. If the market turns for the worse, support after a fall out of wedge would be the primary wedge support highlighted in red.
IMO this will grind upwards staying in that wedge until May JOB numbers comes in Thursday
IMO this will grind upwards staying in that wedge until May JOB numbers comes in Thursday
