daytradingzoo

daytradingzoo

I'm biased to the continuation of the shortside .. Clear daily RSI rejection of 60 .. bearflag in 3 moves.. rejection of 38.2 .. must go lower.

daytradingzoo

Overal bias still bearish. Next week will be telling if we lose this bear flag.,..

daytradingzoo

Last time we corrected to the 61.8

daytradingzoo

Watching the RSI and BB 20,2 upper band setup on the weekly for a position short trade setup.

daytradingzoo

Bullish wedge failed. Maybe some stabilization at 3500. Also fibonacci level, support trendline, price support. And today is options expiration. Nice level to close the week.