Two of the better-looking technical bases had been CMG UA. They still remain far from broken charts and perhaps can work as long setups in the near future.
However, the longer they churn with the heavy look they both they have to them (daily charts, below) the more wobbly the bull case becomes, with aggressive shorts even having a go at them for a base breakdown play.
This type of action is symptomatic of the market at-large here, with not much energy behind even reasonably solid setups.
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mi piacerebbe proprio capire come vedi IWM . grazie
ma please diretto, senza troppa diplomazia…
I’m glad you made your comments. I was mildly depressed today questioning why setups that would normally work were just faded and hind legs hiked upon. $WLT tried a bit today. I am mostly flat and upset