they made a ceiling in short term charts @ 26.50 but lets see if the down move will have momentum, so far all downmoves got rejected but finger on trigger now.
that was a beautiful ceiling they made, but also bulls are trying to lay a trap, so who will succeed will have to watch.
We are within 5 points of the challenge that will be put forth by shorts to then continue the longer term selloff. I expect the the challenge to succeed. ---Headed out for 18---Talk to you soon.
here i will check PA, @ 28.50 anything can happen, bulls were not able to lay a trap which would have meant price would go very high, bears did lay a good ceiling pattern @26.50 so they could push it down as they showed their intention, so have to watch now.,
price is in a bracket, no clear signal, vix did try to indicate it wants to go down meaning, price will go up. but when is the question ???
wow very big divergence, ceiling formation happening, at the same time upmove PA forming. looks like an entry will happen soon.
prophecy is coming true. tomorrow might see it.today looks like a range of 10 points (28.50-18.50), back to 2900 might happen soon. they couldn't make a new RTH high and ceiling looks fcking awesome 28.50 well will check back tomorrow.