The break out of the hourly wedge led to a successful move upwards of 12 pts or so, but then it collapsed back to where we started from....
Now we are still in this giant wedge on the daily with the bottom around 1641 or so and the top of the wedge somewhere around 1559
Since it broke the steeper uptrendline would be nice to see it test the breakout and longer uptrendline at around 1593, if this wedge breaks down then this is a likely target.