I pointed out a similar structure like this in the chat yesterday, open to the possibility that it was an ending diagonal. It of course turned out to be a 4th- (or B-) wave triangle that failed. We have another such wedge now, and it’s difficult for me to see how this could also be a 4th wave triangle that will fail.
Thus, it seems far more likely to me that this one is an ending diagonal, implying that we are at the end of a move. I am expecting a sharp intraday reversal.
Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.