Roughly the same entry/exit here. Strong 2min doji off the gap fill with confluence from yesterdays VAH. I should have held at least into the 5-day composite high volume node around 74.30 which was also yesterdays RTH high. Watching that USD too close is bad for the staying power Once that pesky USD quits messing with YTD highs this oversold market is long due a bounce. Currently a possible inverse H&S forming...
Are we still in a bull mode? Are we still in a bear mode? Can we ever decide? I can tell you this damn beast is starting to scare me. I'm pretty much staying on the sideline for now until any kind of coherence emerges.
Everything is looking like crap right now, I have burned waaaayyyy to much money this week trying to catch the knife. Im seeing lower trendline support at 72.20 for Sunday-Monday. This is per tradestation. What are other people seeing as trendline support?