Overbought with daily RSI at 69 and weekly at 73. Also forming a bearish raising wedge (broken orange TL and the pink TL). Looking for a pullback to 20 SMA at 34, which is also a confluence of support and resistance trendlines.
08/14/2026 Market Outlook (Small Bar)
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The chart pattern could be a rising wedge or price channel, either way,
should …
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