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consolidating right now but this is a year out trade...price in and keep eye on it.
Price is in line with the more prolonged consolidation hypothesis outlined last week. I’ll be watching for a potential end of the local correction within the 26–22 support zone. The nature of the reaction there will be key in assessing whether a reversal and macro uptrend resumption into the macro resistance can take shape — or if we see a more prolonged base-building within the mid-term support zone before a more sustainable advance in line with macro potential.
Chart: tradingview.com/x/IlXUZGk6/
Previously:
On macro structure (Sep 18): tradingview.com/symbols/NASDAQ-OUST/minds/?mind=t2xQRskIRoWSInH9It6-Cw

Leading fundamentals with a bullish-looking macro structure. While a longer consolidation around the current mid-term support levels (26–22) would be preferable, I cannot rule out a more immediate upside into the macro resistance zone at 62–92.
As long as price continues basing within the 26–22 support zone, I consider the macro bullish trend structure to remain stable.
Chart: tradingview.com/x/rVeKmYjp/
