I'm long irrespective of this.
This looks like a "important level" and with a hike coming I think it is "technically bearish". However I don't really believe in TA anymore so I'm going to ignore it.
This idea will serve as a way to play it back and see if maybe I should have paid attention.
This looks like a "important level" and with a hike coming I think it is "technically bearish". However I don't really believe in TA anymore so I'm going to ignore it.
This idea will serve as a way to play it back and see if maybe I should have paid attention.
Comment:
This chart would have made my short, and instead my long has worked out well. Perhaps others would think this was bullish, but this is more of a test of my feeling about it. Clearly I should not trade based on *my* TA.