The wedge looks like it will break down tomorrow. If we manage a gap down then we can form an island top. If we can gap below the dotted trendline it should act as resistance going forward.Still working on mapping out several valid e wave variations...the above (3) give you a hint of the one I am leaning towards right now.
While we are close to breaking out of the wedge on SPY...the equivalent $VIX wedge is not even close yet.
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