Neutral/Negative Catalysts
- Weakening momentum (MACD negative and expanding) while trading below S1 increases the odds of a drift toward S2 (6.504).
- Pattern-based forecast skews negative over the next day/week.
- Options are extremely illiquid today (0 volume), limiting the usefulness of options sentiment and increasing gap risk.
- Trading trends: Hedge funds neutral and insiders neutral (no supportive accumulation signal).
- No recent event-driven catalysts (no news in the last week) to reverse the current soft tape.