There's a possible nested inverse head & shoulders, meaning, that the bulls could be building sufficient liquidity to overcome the 52 week high. Look for strong rejection from higher support levels with confirmation on smaller time frames. If this becomes bullish, it will will be a great move up considering the nice Fibonacci retracement (pullback) at 0.382, giving us a nice Risk to Reward ratio to the previous high. Will the market push past the previous high? Well, we have multiple confirmations for bearish set-ups too. We have a possible head with left shoulder liquidity with the anticipation for right shoulder formation. There's a possible left top with the anticipation for a second top (double top formation) with price action currently in the neckline. If this continues as selling continuation then the bears may need to build more liquidity (bear flag), breaking out of the top orange channel with some stop loss hunting and drown out the buyers before heading further down. The 5-day moving average could be catching up this week, giving us more confluence. Therefore, I expect small movement and basing until after PMI report on Thursday and PCE report on Friday. Regardless if the market moves up, down, or range, I'm prepared and in position for all possibilities. Strategy + Study + discipline & time = Mastery. Mastery = Precision. No Bias, No guess work, No gambling. Only precision!! Let's eat!