Description
⋅ I'm just focused on the right shoulder here...
On the daily we bounce off the 21ema
The yellow lines have formed a bear flag , we'll have 2 possible directions.
1. Bounce up to that horizontal line and reject at 397 and then head lower for the final drop.
2. Rally all the way back to the top of bear flag at 401-402 then start the final leg down..
Let's see what happens