The run up was a bit more natural in the sense where it wasn’t a one day gap up then fail over multiple days. That said, note the volume on this one too. We’re just getting to the spot on the daily where early shorts are now probably breakeven on their position. Definitely my top watch for today specifically as far as a first green day goes. A pop to 6.5-7 doesn’t seem out of question if enough volume comes in.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.