The S&P 500 appears to be in a flag continuation. If it breaks support levels, I expect a short position. However if it breaks out of this flag continuation, we might break 2800. I will play this as a bear market until we break resistance.
Hey, I have been on TradingView for a few weeks and thought I'd share to this amazing community.
Natural gas appears to be in either a descending triangle or pennant. My thought is that natural gas has reached its lowest point based on historical data; however, due to the higher than normal oil drilling, it is possible that natural gas has room for a larger drop.