2579-2582 - trend line from yesterday's lows and 20 MA on 15 min
but, if we are back into yesterday's trading range, it's bearish and I would hold in hopes of betters prices.
stop 2593 for now
edit: double bottomed at 2586.25 (200MA). Must stay below 2597
edit2: trend line is now at 2586 and rising. we could see some chop until 2PM reversal (usual pattern) or we could break out and have a party. decision time
edit3: covered half at 2586. Re-shorted 2598.5. my basis is 2597.5 - right where we are now
edit4: seems like inside day today. close near 200MA would not be good, IMO. But they won't make it easy and rally into the close - to suck in hopeful bulls.
edit5: shallow pull back will lead to higher prices. Bears must break 2586 and close there.
Last edited by dlhunter on Apr 3rd, 2018 12:00 pm, edited 4 times in total.
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