A nice ping pong between areas yesterday.
3111 looms large today, and it's where we are at the time of the video. I would expect to see some more fighting here from the sellers.
Got a nice push higher overnight to finally separate ourselves from the range.
Careful here as the push looks like it could be exhaustion, I'm looking at the 94 area on a pullback.
Stuck in the middle of this upper balance.
It's a good thing and a bad thing for the longs.
It's good because we aren't rejecting this upper balance, we are still very much in the middle of the balance.
The bad news here is that we can still pull back to the lower end of the balance so if you're long, you may have to sit through some heat.
VPOC from...
Some good news out of china overnight send the market up with a little spike.
We are ranging near the value high and wold expect this market to continue in this direction,but we may need to dip into value first.
I would continue to be long, and although there will be some short opportunities, make sure you are not overstaying them!
Good morning from Colombia!
We are at ATH again, and we continue to accept higher.
Listen to that again, we continue to accept higher prices.
The market is NOT showing any signs at this point, so you have to be long, IMO.
The market is stretched overnight on low volume, so I'll wait for low 70's.
Not much has changed. Low volume overnight and we are back at the 3000 level.
Will we return to all time highs? Probably. However, it doesn't have to be today, this week, or this month.
Don't chase the market.
Still short from yesterday.
Low volume overnight, looking like a dead kind of day to end the week.
I am still looking on the short side for the market to rollover. The key to knowing this trade is wrong is if we start accepting above 3000.
After the news of impeachment yesterday, the market took a nice 50 point dive. It ran my trades over, and I took a loss yesterday.
I would expect some continued weakness on the open, but I would expect the market to be bought later in the day, especially around 2940 area.
