Dog days continue as the market takes a breather and price catches up with itself a little.
Finding some resistance at the top of the channel suggests a continuation of the range-bound trading or perhaps preparation for a pull-back.
The T volume oscillator turns neutral and the Osc oscillator flattens off.
We might expect some further weakness whilst the market makes a decision whether the current T structure can draw strength from the earlier declines.
Be prepared for whatever is coming next, and trade with confidence:
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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.