The Descending Broadening Wedge confirmed to the upside with a strong move overnight. The pattern moved to the Break Target .382 where a Bearish Butterfly has set-up. With two competing patterns, the break of the descending broadening wedge and the butterfly , scouting a solid higher low. With the Vix crushed and the 10 year note at 1.5 all eyes on rotations between NAS and the Russell as non farm payrolls for September drop tomorrow.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.