The March 17 low (1237.25) and 200 ema (1232.27) are converging. Until some other pattern sets up, that is the only thing I see beneath here.
This market is unforgiving. I will not allow for any up movement. The slightest up-move turns into a range that just waits for the MAs to come to it then moves further down.
Hello everyone, I may chime in logs for personal reasons here as well: Long the (sep) contract at 65.00 target 80.00 stop 55.00
Pulled that up to even and got stopped minutes later. Gonna just have to wait until a nice strong bottom is put in. Cant make myself short and I obviously can tell where to go long.