Strong channel up is being challenged this session open - watch for market to trade sideways from here
Note
To expand: today chose to bounce off of the channel lower bound like prior 2 days, however sellers showing resistance at 2350 drove the price down again - bearish signal. 2350 is a key mental level, and recommend selling SHORT here for an aggressive entry, or waiting for momentum to turn before setting short entry price.Trade closed: target reached
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Disclaimer
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.