MCD is trading around $231.24 (+0.13%) intraday after touching a new swing low at $229.61. The technical map is simple: $229–230 → key support $233–235 → first

MCD is trading around $231.24 (+0.13%) intraday after touching a new swing low at $229.61. The technical map is simple: $229–230 → key support $233–235 → first resistance $238–240 → recovery zone $248–250 → major trend test My view: this is still a downtrend, not a confirmed bottom. Holding $230 wou…