we made lower low on weekly yesterday. first time since the run from nov 2012. tell DEMBOYZ not to let the door hit them in the ass on their way out
wide, stop hunting swings around the pivot. No sense of breakout or breakdown other than the downward trend. Chop for a bit it looks like. Trans looks happy.
bias long as well, but not sure if there is enough power to break this channel (either way). Tough entering longs when it is already up 8 points. scalps are tough with these 4 point swings (for me). May have to call it early and go for a run.
it's hard to predict how much power it has left. we're just trading what we see. let the markets do the rest.