linked yesterdays chart calling for a red day if anyone is interested, Guess what, we can go up or down from here. Seriously there is a bullish case and bearish case here but only for short term intra-day trader types. 5 minutes could be a continuation pattern and 30 min time frame's ascending channel has been broken but we are resting on my EMA. Either way, I won't be changing anything, no need to worry about a red day right now. There is a slight divergence so we actually could go slightly lower if it continues to play out but not a dramatic draw down. For fun, I've put an ascending channel into play on my 4H. Cheers!
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