MDY is setting up for a short with the
most current fractal. It also is showing a double
top technical pattern. Here is my setup.
One note, from a Ichimoku perspective both MDY and IWM
are in balance (price close to the Kijun line on daily) so the market is setting up now to show its hand.
most current fractal. It also is showing a double
top technical pattern. Here is my setup.
One note, from a Ichimoku perspective both MDY and IWM
are in balance (price close to the Kijun line on daily) so the market is setting up now to show its hand.