Description
⋅ Evening traders,
We're in a tight range and wanted to point couple of things I see out.
Firstly, we have a sloppy upward sloping H&S forming on the daily, additionally, there is another sloppy inverted H&S on the hourly targeting 2890.
MACD is about to tick positive, Stoch RSI is neutral, and it's trading in between the 5/10 MA's
Move should be tomorrow, I'm currently all cash except for a few google puts
Daily and weekly support further downside, and any upside movement should be capped at 2890.
As always, hit that like and follow button!
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⋅ OILS down as well, can follow wti, it normally leads indexes
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⋅ 2820 failure will lead to 2789; googl puts held overnight should be 5-6x at open and will likely be 10x if googl hits 1120
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⋅ Looking for rejection at 2842-2846, can enter shorts in this area for a LL
Trade closed: target reached
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