Have trend as down already? trying to S at 20.75 cancel, too late to post close megaphone pattern, won't do breakouts till dfined movement S20.25 PS 20.25 dumped half at one point dumped 25% at 14.00 prob show trap and proceed down S 18.00----targeting 17.75 add at S 19.25 dump half at one point PS 19.25 crap -4.25
I picked a good week to ignore the markets PA Tight range.... I`m still watching my Weekly & Monthly Diamond Tops to formulate... If DT is to come to fruition, As im still leaning short here, as I don`t buy last weeks 7 day rip.. that appears to be the false move North Bull Trap before the True move South. Monthly buildouts take some time to do their thing. If this Build Out up here is a Pennant, it has to run soon.. or it will fail & sell off .. proving that the DT was the correct formation.
We are trapped between yesterdays open and today's open. edit, we are below now, but need to close below 11.