- On the 4H it made a gravestone near this resistance.
- SPY went quite high on lower . While this is normal, it is an additional tell that a reversal might be happening.
- has been very low around the gravestone , this often means a volatile move will come. This tells nothing about direction, but considering the other factors, it's likely down.
- Potential forming.
Two things that bother me with this setup:
- is not showing signs of weakness yet.
- Draghi will have a talk this week. Quite tricky.