Replies to post #3560 on MDA - Market Direction Analysis (MDA)

[deuce bigalow]

bunch of narrow range bars on the drugs, this looks like an abc bear rally / rising wedge

[ajtj99]

Normally I'd agree that this was a bear flag, but due to seasonal factors and bounces off important MA's, I'm inclined to believe it's a reversal that will be re-tested intra-day early next week for Max Pain on the QQQ's.