$GPRO bounced off its ATL very nicely. Probably quite a cheap stock to get into right now. I am waiting for a clear break above 50DMA - Yet to see what the companies new found partnership with Redbull has to offer.
Clear consolidation for the US100 right now on the 4hr.
I have been short since 4531 last night looking at my first target being that strong support 4491 area.
Strange decline for NASDAQ today as DOW mad impressive gains and SPX SPY not far off.
I've placed many trades so far as a new trader but not so many on futures like this Not sure what drives this market...
Could hold out. Other markets and macros are making me bullish gold again after the downside. I've been long since NFP data Friday shot Gold up - just looking for more continuation now.*Edit to add correction to title because of error of chart pattern naming*
Just another trendline reversal idea that I feel may reach 2030-2025 levels sometime soon. further downside from that would be limited, I feel, to around 1970-1980 area. Alternatively if it breaks higher we could see another impressive rally that appears to only be happening now because everyone is buying haha No longs or shorts but I am leaning to the bearish side.