Currently looking for short entries (put options) once price begins to trade lower than $213 Stock showed indication of a H&S pattern with the retest around $227.
I believe price will head to $206, and possible to $191-$178 , but we will see with time.
Comment
⋅
Everything still looks to be perfectly in tact for MCD heading to my indicated levels. Let's see if the support price level at $192 can hold as the bears enter the market now.