Maliac

Maliac

After 3 months inside the consolidation zone but steadily moving higher with higher highs.

Maliac

Weekly and monthly since 2009 wonderful channel up, now consolidation since three weeks in a flag-like zone. Seeing how the previous 5 times after earnings shares came back a lot, I would wait for a retest of the ascending trendline and then trying to find an entry at around 84-86. For the long term its a wonderful stock.

Maliac

Again stopped at bigger support but todays high is way lower. Market gets more and more bearish. On daily /ES still has a kind of an Bullflag which can lead to way higher highs. But breaking the grey-marked support zone (which marked has built since 9/9/2020) wouldn't be good, especially would this almost invalidate the bullflag on daily. Right below that grey...

Maliac

Please see text in chart

Maliac

C&H for Citigroup, which is actually bullish but banking at the moment?

Maliac

Today was a good day for collecting profits and adjust remaining trades. For new positions I'm waiting for a leg-down.

Maliac

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Maliac

Three times bounced off the daily lows. Let's see if it can hold above. At the moment it looks bearish and the catalyst (next week Tuesday) ... we will see!