I am not taking this because it is late in the session. Nor am I recommending anyone jump in now. However, the current setup serves to emphasize the strong sell off from the previous high. And now, during this low volume time of the day while it is easier for the PPMs to push the price back up some, that is what they are doing; resetting the PA higher again in advance of another leg down. Of course, Thursday's asian and euro session may add to the pump back up, which is why it might be best to wait this out. Tomorrow, in prime trading hours, we may see a new SonicR short setup with a higher EP zone. Warning: this is speculation.
Let the market decide.
Let the market decide.