Simplicity talking here, we have a previously Lower High, will we create a Lower Low now or bounce off of support...
On the shorter TF side of things, the sells have been working out pretty fecking good, but that ain't to say I haven't cashed in some chips on the long side of things.
Trading the daily chart, well, things take time to mature and complete, but given the current scope of things, and because I do infinitely better with trend following then guessing, I would think that plays to the southside might yet be the safer bet....
We have hit new lows today, so, if nothing else, I would expect a test of them lows before any attempts to move skyward...
No lower low created before the next wave of buys...I will watch for the triangle and breaks on the Days....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!