we will look for support to pick an entry, we can use the order bool but the tolerances must be tight and its better to take small positions and stagger them than a single large postion, Stop loss is a must
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price will push lower , its important that we can manage to escape the channel , I believe we may drop out the bottom of our upward trajectory and may even see 58k if that happens, We are still looking for an Entry for LONG, but we do not want to enter long until we can confirm reversal is imminent. Will be paying close attention
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we are still setting lower highs, lower lows
Watch the pennant, I still believe as I said last week, the weekly close on sunday will be an important event that could be the turn, or the pennant could break and we can evaluate TA for entry, still a chance for downside movement so we wait
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