Good morning everyone. I am taking a look at the 4hr chart this a.m. and seeing that the 200 MA is holding us up still. We are firmly stuck between the 4hr 50 MA and 200 MA (we are also in the daily cloud and have been for around 20 days now which could explain some of the consolidation we have been witnessing as of late) I am noticing the descending resistance will come into play soon and since the 200 MA and the descending pattern intersect the candles will treat it like any typical triangle most likely. Bolinger bands are tightening on the 4hr as well so that could support some volatility in the near future. It does look like a death cross is a possibility on the 4hr and we may see some bearish movement from it as a result. We dipped below 8600 briefly yesterday and bounced back. That daily 50 MA saved us and we bounced back up from the abyss which is a good sign. Lets hope the daily 50 MA holds. Daily volume is sitting at $19,801,907,914 which is good. Not long ago we were averaging 15 billion a day and lately it seems higher than that. Im thinking we should find out today if the triangle on my chart is valid... But WTFDIK?