Idea described on chart. Descending triangles are usually bearish. Any thoughts/contradicting ideas/trends that you might see?
I did sell some covered calls as a hedge, since I'm not sure about short term movement.
Not an investment advice
Description of thought process on the chart. Kinda 50-50 in confidence, since nothing in this market does what it's supposed to do :)
Can fall back if fails 242 test, long if closes above 244.
Let me know if you see different pattern/direction.
Not an investment advice.