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SE ND | You're on the right track, JC. Look at price action in relation to that UML. Where has each minor swing gone after reaching that UML and stopping dead at the SP? You're right about the wedge, but what is behind it?
Why is it occuring in this location? What direction is it likely to break out of given the known information? What is there that I am missing? Since I'm obviously not God, and lack complete (and most times even partial) understanding, I need to ask myself these things everytime I load a chart. If I don't, I can easily make myself believe what I want to see happen.
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New crop beans.
