observation

if breaks out of triangle ill look for a long entry. if continues to the downside i will likely look for a short term swing entry with some long puts. just watching for now, but im leaning to a bearish bias. notice the decreasing volume. typically not a good sign. any thoughts? i will publish the same fib levels for the daily shortly. imo it confirms the short term resistance we experienced friday. obviously like to see confluence between the weekly and daily

this is not a trade recommendation. strictly for educational purposes