Jun. 14 at 8:41 PM
$CF is consolidating within a bullish flag structure after a prior strong advance.
The broader trend remains intact with a sequence of higher highs and higher lows, and price continues to hold above key moving averages including the 50 EMA and 200 EMA.
This phase appears to be a digestion period, where momentum resets and positioning gets rebalanced rather than a trend reversal.
From a trading perspective, higher-probability entries would come from either a clean breakout above flag resistance or a controlled pullback into moving averages followed by confirmation.
Until then, structure remains constructive but non-actionable for new entries.
