Disliked{quote} Hey K We would want price to close under that small box there then it would be a great wick play. That's not to say we should be a buyer but i'd rather be a buyer on the open with a tight stop under the box then a seller. Let me know if that makes sense MikeIgnored
yes thanks that makes sense. Price still closes above BRN 155.00.
Will observe a pullback to the trendline after a possible break.
Maybe a pin at 155.00 will show up for a long entry with conservative stop after the pin low.
But still its not a very strong convincing setup, so better to stay sideline and learn from your suggestions.
By the way, did you take on the SP500 long ?
If yes, was what was you entry signal (I could not observe one) and
were did you places the SL, below 1900 ?
Best,
K