TA wise, I am actually slightly short term because of the following reasons:
1. Largest bar on a short term uptrend three days ago. Possible last exhaustive push. We have been up for 4 weeks straight now.
2. We made new highs for a brief moment before pulling back, a new high above 248 would be a continuation of the uptrend. We are below that now which imo is slightly . 250 is strong resistance. If you look at past data, 250 proved to be good reversals area.
3. in an uptrend should pick up but I do not see that happening on open interest or . Generally, people should be "excited" to speculate when price move higher.
So until price can prove to us that it can go above 250, I won't be buying and waiting on the sideline.
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Market indeed creeped up but choppy as hell.