Mid Afternoon Rising Wedge - 041709

Its really nice when things are so well defined structure wise. Nice opportunity here.

We hit our target Sunday evening about 3 hrs into trading at 860.50. Nice move down from our Fri afternoon rising wedge.

Hey Ninja - thanks for the charts. Would it be possible for you to post that type of chart image as 3 separate charts in the future? Unless one has a very wide screen (which I don't) it makes it really difficult to view all of the charts and read what you're saying. Thanks again.

Hey day trading -
Never thought of that. :-( Will work on that.
Just broke out of our falling channel (ended with falling wedge within)bout an hour ago (9:20ish Sun eve).
Lets see if we retract to top of wedge at the 862 level area. This was also the first support area
the ES found tonite, setting up a nice short term based short pullback in the 863 area.
Thanks for your interest and pointing out the 3 chart width problem. :-)

thnx

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Originally posted by Ninja

Its really nice when things are so well defined structure wise. Nice opportunity here.

Click image for original size

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