I think that gold may be preparing to go down with this bearish bat pattern.
There is a divergence between wedge structure and MACD.
Multiple levels at which the market can turn.
I THINK IT WILL SOON GO BACK UP.
Price action may retest trend-line.
Potential bearish crab pattern in formation.
Flat pattern in formation.
I think the index is forming a flat formation for further upside.
I think I will short Gold with stop-loss, and see what happens. It may go down to Y point.
I think that the bulls are not done yet.
I spy a potential crab pattern forming.
I think gold is about to go down to the y point.
I spy a possible bullish shark pattern in a probable ascending channel.
Bitcoin could shoot back up soon...
Even though I believe the index will continue going up, there is a potential descending channel, bearish divergence, and a bearish butterfly pattern that suggest it may go down again.
I suspect that this what the index is trying to do right now...
I don't expect the S&P 500 to go back down, but in case it does....
Probably an opportunity to add to position in this probable bearish bat formation.