After a good impulse down the S&P500 has been consolidating again making a bear flag. Waiting for a break of the consolidation to confirm the down movement to the previous low. Might take profit depending if it holds or not.
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The market has been extending further than I was thinking it would. Still hasn't changed my outlook, waiting for another drop.

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The further it goes up, the more profit to be made on the way down :)
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Might still be in consolidation for another leg up. Will find out Monday.
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Looks like it's making a bull flag here, expecting it to go up.

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Trend Analysis

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