US30 Important News: Due to the tariff situation, there are no inbound shipping containers from China at the Port of Seattle in Washington state - one of the busiest in the United States.
China's manufacturers have not been sending their goods to America since April 10th. The effects from this supply chain disruption will soon hit Los Angeles first, then spread nationwide in a systemic way. The mainstream news media is not notifying the public about it.
US30 On the Hourly, the market bias flipped near the end of the New York session, from Bearish to Bullish (directional) Market Bias.
A bullish flag with flagpole formed (that's outlined in dark blue) for the bulls to rise as a measured move from the Near Doji (highlighted in yellow marker).
If the bullish thrust continues, there are at least three Swing Highs nearby each other that the bulls can breach (at 40,359, 40,411, and 40,412). But if they don't make it, the Bullish Trendline (in green dotted line) is still nearby for the bears to cross to the right of it - flipping the market (directional) bias again, from bullish to bearish.
US30 This is such a weird day. Where's jetskinoises at? Hit the "Undo" button. You wrote "Saturation" in your message using disappearing ink and I wasn't finished reading it. Now you need to show it off to everyone so we all understand what your chart says.