Bear flag vs macro bull flag? Holding 200sma vs below 50sma?
After a high volume flush y'day. Use 2day LOD as edge.
Broke bear flag and too weak to even re-test. 284.38 a big level.
90.00 has been the lvl to watch, this one could run hard from b/o #watchlist
Hard to see mkt not testing 200sma and Aug lows. I would expect a bounce there
If we close below UTL on heavy volume this looks ugly
Still consolidation, look for break of DTL on heavy volume #watchlist
Difficult to have an opinion until this pattern resolves itself. Watching both TLs
Watching DTL and ATHs, be patient and wait for volume.
Consolidating after highs, watching this DTL and volume
Tightening after big run 2 i-ds Q now is b/o or b/d? Still in macro consolidation