Upward leg has stalled out in this triangle formed by the previous weeks resistance 2885, one step under the double top. VIX holding centered dojis on the 3m for the last hour. Chat is currently losing their GD minds because of this uneventful sideways show. Chat is mentioning rectangles and I'm not sure if they're referring to this same diamond boxed in pattern or a horizontal rectangle boxing in the current activity.
Diamond boxing 14th to 17th.
Stalled out 2885.
200 moving average current support
Looks like a bull penant but as I write that I'm seeing greater red candles across various stocks.
Diamond boxing 14th to 17th.
Stalled out 2885.
200 moving average current support
Looks like a bull penant but as I write that I'm seeing greater red candles across various stocks.