1/ Significant resistance immediately overhead on SMAs 20, 30, 50, 200 as well as EMAs 8, 13, 20, 21, 55, 200 2/ No support whatsoever 3/ Too risky for virtually minimal reward. 4/ CCI does not support entry 4/ Trading for the sake of trading is a bad strategy. The last two weeks have taught me, patience is king. Wait for a good entry set up, hold on to your mental capital.
That is it! Back to work, studying technical analysis. Till next time :-)