San You are trying to place trend line understand the system , i have made a small efforts to explain the way i know Hope you will correct me if i am wrong by any information
Good analysis. The set up for a new position is confusing at the moment. There is a short term HnS but RSI divergence with a new low. It can bounce or can break down depending on overall market conditions. Macros are ugly at the moment so not hopeful if the market is going to make a new high this year.