DIA as an example

We now have a bear flag in the DIA, experience tells us that the black box systems are likely (85%) to create a false breakout/down or two. The area to watch right now is the resistance level I've drawn in with the trendline. 3C doesn't look like an upside breakout is coming, but it can change quickly on a 1 min timeframe. A break above resistance is not automatically bad, it depends o what 3C looks like if or when that happens, but this is a serious break and the flood of margin calls could force the market lower.