Watching out for the possible downtrend/200 SMA false break. Upon breaking the downtrend & 200 SMA, I will be watching 410-440 area for a possible rejection for entry short.
Looks like price tried to break to the downside and was stopped with some strong wicks these past few days. Watching for a gap fill to the upside as it mean reverts back into the moving averages. Once there, looking for possible short entry at resistances.
Possible false break on the downtrend at the 50 SMA & resistance, waiting for confirmation. Would be eyeing the gap fill + launch or a retest of the lows. (depending on market conditions)
Watch the support/resistance levels.
The volume pre RS spiked. OK financials. Pivotal movement.