Possible pop in twitter as it hit the bottom of a channel and is oversold. We have some positive divergence on the RSI. I've already entered my trade as indicated however some could wait for a break above the flag highlighted in yellow.
Long term trend is a strong bull market however we're do for a small 10-15% correction. On the weekly chart we're reaching the top of a channel around 21140(Reversal zone)Strong resistance) First support would be 18,928 and second strong support area is the 50% retracement level at 18,238. Correction will favor UVXY and SDOW acquisitions.
Looking for a correction to 103.00
Technical stars are aligning with Bearish divergence on the 240 chart
Ist target aligns with the Daily EMA and 1st structure support for a followup down to 103.00 area 20day MA.
