looks like we might mosey up to the next fib level & into the lower time frame moku cloud until turbulence and finding our way back down to the bottom level of this downward trend within the next day or so
looks alright for now... currently at VWAP, if it can hold this level we may possibly see short consolidation until local uptrend then look to break this squeeze to touch off or break next fib for a short bull finish until getting slapped in the face by 10K
i think we are exhausted and might see a small dip to the top of the 236 again before a continuation up.. be careful
looks like some possible consolidation on this support level (fib line as well) until running into the cloud for a possible mid term bear move down to the 50, or even 618 if that isn't found
in a current bear trend, broke through a major support line and continued down into absolute nowhere until bullish break of the falling wedge into a major consolidation period with garbage volume, sandwiched between levels at the moment and unless we saw some real volume it looks like something i would not trade as it feels we are in discovery phase of bearish...
on the macro we are coming to the squeeze of a descending triangle looks like we are in some levels where we might see fluctuation within short ranges but am looking for a more clear break on the macro before doing much outside of scalps
could see some turbulence if we break into the cloud