So far today, MA has successfully back-filled the small gap from Jan 9th, perfectly normal price behavior.  However, if today’s low (the bottom of that gap) gives way soon, prices will likely drop towards the top of the large Jan 2nd gap, around the 500 level.  If this were to happen within the next couple of weeks or so and prices were to also back-fill that gap as well, MA would be back to the bottom of that key multi-year ascending channel where a break below would trigger a long-term sell/short signal.  Updated daily chart plus daily zoom in, followed by the updated weekly chart.