MSFT – Structure Clear, Waiting for ConfirmationMicrosoft CorporationBATS:MSFTMartinChouTradeMSFT so far is pretty clear in terms of market behavior. A slow drift down with rejection on neutral volume would suggest positioning selling. Holding above demand and rotating back into 425–435 signals acceptance and opens the potential for a gap fill higher after earnings. A clean break with strong selling and expanding volume would shift control to sellers and likely push price toward the 395 zone. For me, the rally lacked strong selling pressure, creating a neutral volume move with about a quarter of it coming from the gap. This doesn’t mean the rally is fake, just that it lacks full confirmation. Last Friday printed the highest volume day but closed red. That’s not bearish by itself, it just shows that when sellers show up, price starts to face resistance. I am looking for a scale in opportunity, which means I need to see a proper pullback with rejection that shows positioning and confirms real buying strength before continuation. If i dont get the it I dont trade it.