Getting closer. Going to be a very tough long. Should of just held one short. EDIT: Not sure I'll go long here.
Long just 1 11644.25. Going to look to add one potentially going to give it some room for now. Still can test 11625.75 as it's open and untested.
This is a pretty good medium size chart term setup here for a bounce. But absolutely no help from larger charts at all, I'd like to think we still some type of bounce, but so far tough.
Another profitable day for me, but pretty sloppy again, terrible execution and no patience particularly on the short side, came in guns blazing taking unnecessary heat, instead of waiting for a short signal. We're re-testing the 11625-11645 accumulation zone now. I'll be skipping the long this time for better or worst just due to it being the second hit and not liking the setup. This is pretty much last area of support I have though, so if we end up losing and trading below this area for very long, than I'd expect to finally get the 11506.50 min with 11208 likely not far behind. I am probably done for the day and taking a break. Trade well everyone.
Yes, looks like news gave temporary rally. This is actually getting a little concerning now. If market goes down going to be so many trapped buyers from the last 3 days. Back in 11625-11645 accumulation zone for third time. Let's see if it holds again, I doubt it. But last time gave 90 point NQ rally and I was wrong.
I could see an upward drift in markets this afternoon - which fits with my view for the day. But this is a darn tough read.