This chart clearly shows a bit of a range but even with the current chop it appears that we are headed down to a prior level of support... after that who knows!
Loving this chart at the moment.. that last candle sure looks like it wants to be a huge UP candle doesn't it?.
The real question is do I stop scalping futures now and start stacking real money on 14 DTE calls. Hmm.... I'm thinking its only up from here, especially if the Chinese relations are repaired.
Good luck and happy trading!
Updated my PPO with a trigger line... I've used this to time entries with pretty good success over the last year. All TA goes out of the window when Trump tweets lol
So PPO still in a downtrend on the 2 day chart... however it looks like we are starting to turn the corner. We have great support at these levels and with a little good news (hopefully with China in the near term) we will see our 9d EMA get back above the 200d EMA and maybe reach the MOON soon!
