The price has failed to go upwards so let's wait for a better moment to sell it.
We have got three bullish impulses after which we usually expect forming of a range and then continuation of the previous movement.
It seems like the price is serious about going upwards. So wait for the bullish reaction from this flag and then continue buying it.
The price is trapped in the flag, afterall we want to see the continuation of the current trend to complete that gap.
Since we have taken a bullish reaction on this flag we can expect that S&P 500 will continue its upward direction.
The trend is definetely bearish. For now use range trade rules.
The trend is bearish. So it's better to take only sell trades. For now use range trade rules.