US30 If You Like Scalping: The Hourly that is in Bearish (directional) Market Bias went into a market pause with no clear direction with the formation of an Inside Day.
Breakout from the Inside Day for true direction can either be at the pattern's high at 44,130 or low of 43,908 (shown as orange lines).
*Special Note: Above the High of the Inside Day at 44,130 are resistance areas: Gap Down, two levels of S&R Zones. If the bulls rise up, they may be blocked, then the bears can take it down again. We'll see. The Path of Least Resistance is to go down.
US30 See the M-Shaped pattern? There's the two peaks around the Swing High with the neckline below the S&R Zone. And, then there's the last and 4th leg of the "M" that is typically a long bear run, encouraged by both a very thin Gap Down and the Triple Inside Day that foretells of a BIG move.
US30 On the Hourly, the previous candle that is a tall Doji. It has a very long upper wick that will eventually need filling. That means that the bulls may show up soon to fill that, then back down again. This would be in line with the Popgun pattern (shown within the S&R Zone) that leads to wide consolidation swings like a See-Saw: Up-Down-Up.
US30 If You Like Scalping: 
