JPM has been extremely bullish,
on the daily and 4h there is divergence,
as price is making higher high, rsi is making lower low,
this is a bearish indication,
I would like to see JPM below the previous high range 135.98-135.41,
once here i cant say we are fully bearish,
we would have to break below the 1hr trend line before i am fully convinced,
my target would...
These where charted on the 1h to get a clearer image however they can be seen on the 4h and Daily,
this is telling me the move from this wedge will be a big move,
i am looking to play either break,
no target identified as of now
GU recently broke above its down trend,
however we are not in the clear yet,
we are nearing the previous swing high,
i believe a bounce off of the uptrend will take us to test that high
Based off the weekly we are still unclear of the direction of UC,
we had a tweezer bottom followed by a doji,
the week is currently bullish,
UC is respecting its uptrend on 4hr making higher low,
price is currently nearing its previous high,
my bias is unclear for UC at the moment
SPY is directly under Sept.12 gap,
we currently have a double top formed under the gap,
we are also sitting at a weekly uptrend line (green line),
the minor structure uptrend has created a wedge with the gap,
a break of the wedge to come will give me clarity to the next move
