El_duderino said:
Zoom out to monthly and see the declining volume on this run up from the April low. Opposite of the increasing volume on the first big run up into the election. Possibly in stage 3/distribution leading into stage 4 downtrend.
Another look: It's in a wedge going back to October on the weekly. Below $311 expect more downside and above $370 would expect bullish push
Well that rocketed up. Fakeout of the wedge breakdown and now upside breakout.
“We don’t rise to the level of our expectations, we fall to the level of our training.”