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TFC Commodity Trading Forum

S&P wedge building

Tight wedge building here in the hourly June S&P in the overnight while you guys are sleeping. (I'm in St. Petersburg, Russia) Just 4 pts. apart in the wedge now (1642.5-1646.5) Currently right in the middle at 1644.5
I have a feeling whichever way she breaks she's gonna break hard and run for a while....
I wonder if it will continue to tighten 'till the reports are due 1st am?

Watch out for a big breakout!

:-)#