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"It is what it is department" new ATH, nothing to see for bears short term. bigger picture, dips will be bought. As of the market mood, more and more people are talking owning tech (AI) and Crypto, buy new car and new watch from it, that type of mood you know?. as long as there is speculations, market tenses to move higher.
Money flow is getting weaker, there is a sense of caution here on the TA side of things, overbought on negative divergence and weaker internals, as always, "
only price pays"
Daily trend following is bullish, dips will be bought.
Swing setup: dips will be bought, on this setup as you can see, so far there is no trend when the buy/sell setup keep on failing, it tells me this is a none trending market, volatility is too high in price action from day to day, but it is still a good map to plan for the day trade.
Intraday: Friday closed is so so, not as strong closed per price action on last hours of the day. bullish bias overall, let the Fibo take the lead. from the moon and star people, there is a turn date on 3/8. so, don't expect anything crazy until Friday? trade well, Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.