Trading Range Breakdown Confirmed!! $9850 is in Play.. SHORT
The Narrowing Trading Range that we've been stuck in for the last 3 days has finally given way to the downside and a sell-off to last Friday's Low of $9,855 is now a possibility.
The environment is Bearish and I would look to Short here from $10,175 down to $9900-$9855 before setting up a possible long position at that point.
The environment is Bearish and I would look to Short here from $10,175 down to $9900-$9855 before setting up a possible long position at that point.
Comment:
Patiently Wait for the Pump up from $10,160 and Buy it down at the peak of the pump...