MGC1! With daily money flow now coming into red pretty sharply, we could easily see a drop all the way to the daily 200 SMA at 2923. Selling opportunities off the daily 50 SMA should come in the relatively near future. These high timeframe setups only present once every year or two. The last time daily money flow was like this was 2023. Has been pretty much only green since March 2024.
MGC1! We got the drop we wanted, but we didnt get a solid break below the 20EMA in the 15min Chart. This could be a fakeout if we break above 3345, possibly targeting 3362 - 3355 next.