Trading Ichimoku

Netflix price is under pressure.

It has fail to bounce up above 180 and is now sitting just above the kumo support.

On the leading kumo, we can see that it has twisted suggesting a change in trend is on the way; with a bias towards the down side.

Neflix breakout to a new high today.

The volume is pretty good with 2.3M traded (at around 10:30am).

Something is not right with NFLX today.

The general market went from negative to positive and yet Netflix (NFLX) has been trending down on the 5 minute chart.

In fact, on the 5 minute chart, it has already break session low twice.

Gut feel tells me a big move may be coming. Beware.