In my last idea, I came across as rather bearish
, although I thought I would note that it is not quite time to sell yet by zooming in to a shorter time frame. I think we are trading in a very short range right now, and no clear trend has developed over the last two weeks with either lower lows or higher highs, which can be frustrating. However, I think things are beginning to come to a head here, and if the market reverses and breaks out of this channel, we may think about becoming bullish
As I noted, there is a bullish
moon coming up, so take that for what it's worth. Overall, though $395 still acts as hard resistance and $360 acts as hard support.