S&P broke out above it 1M rising wedge but was rejected by the rising wedge from the Feb/March crash and rally. This level is also the 1.236 fib level (see my other idea from this morning for a tons of details).
Note that any time the market has broken one of these wedges it has always returned back (up or down). Will the S&P now correct out of the 1M wedge and test the large blue wedge support? OR, will we see a gap up tomorrow and make a run for the ressitance line of the blue wedge?