Structure of the market still holds, and yes I still think it's a buy in this area. If the structure breaks down, I will be a seller, but here I think it's a buy opportunity. There's a possibility we pump and dump through 3570, and if that's the case, I will turn more bearish, but as of now the chart and sentiment tells me to stay long with a stop under 3540. Good luck
Comment:
Red line is structure support line - market is definitely aware of it.
Comment:
resistance area at 3655 bulls want to close above for an hourly candle.
Comment:
Over resistance (for now), next resistance if the bulls can keep pushing is 3700 area.
Comment:
they lost support, I took some profits and hedged the rest in case monday looks like this. I'm done for the day - have a good weekend.
Comment:
We reached the 200 weekly ma yesterday. Expecting monday to gap down and then start to bounce.
