it seems down trendline is getting respected. Yet, i expect a rebound and test of orange area. So pretty much this will be a range, or a kangaroo mkt. Not big strength from bears, still this isn't defined.
Same set up, still is a long. Some want to see this burn but this is just doing its normal crazy stuff.
i did not notice that immediate resistance, but i guess since we didn't go through 13340 I should stay out.
long plan seems is still ok. As said this is not the strongest signal but some longs can work till next resistance which i have at around 13614.
The short leg seems set to continue. Still, 4 days and -2.5% move, can not say it is strong but might continue.
By now the resistance,I would rather say the level of supply, its obvious. A new channel up is being formed, trend up, the levels are there. hard stop should move with channel. so yes I've been trading this.
I trade what i see, trying to not permanything. Today before closing bell this was giving entry for a bigger down move, but then came the post market candle... unreal. Currently system is flat to bearish, but i don't think they let the bear move. Im setting this flat because of this last hour buying.
This is clearly Flat. I did get excited on tuesday for a possible break out, not break to any side yet. This is still flat to bullish, but flat until break.
shorting has been hard and system is saying long....
Even if this looks like a breakdown we still within level were we have rebounded.
We now call it printer on printer off levels hahahaha we still flat to bearish. But with brrr we can stay up an down on this range.
Even this looks bearish, this can stay within this range. We'll see tomorrow or next week. Below support then bearish. Support not precise.
lets see what this does, kinda of getting the feel to trade on weekends. :)