Keep MCD on Your Radar (Possible Short Trade)

MCD may be setting up for a decent swing trade.

 MCD formed a bull-flag and broke out of the flag yesterday, but as I've shown you in recent posts, there appears to be some underlying problems in MCD, which may mean the breakout above the bull flag may be a false breakout, if so, when they fail, they tend to drop fast and hard.

 The 1 min 3C shows price just above (now) support of the upper flag trendline, it looks as if MCD may bounce off the area, but watch for a break below and back into the flag.

The longer term 3C chart shows some underlying problems with MCD, especially on yesterday's breakout suggesting it's a head fake.