Morning Ideas April 22, 2021
Sellers unable to hold the fort again yesterday. It cost me a small loss, but we move on to the next setup.
After grabbing ahold of the market again, buyers are back in the driver seat on pretty much all timeframes.
If you're a buyer, I would not want to see the market below 40 today. If we head back down there after a trend up day yesterday, it's bad news for the buyers and we probably have more downside brewing.
With that said, I don't see that happening. I think we are off to higher prices and ATH.
After grabbing ahold of the market again, buyers are back in the driver seat on pretty much all timeframes.
If you're a buyer, I would not want to see the market below 40 today. If we head back down there after a trend up day yesterday, it's bad news for the buyers and we probably have more downside brewing.
With that said, I don't see that happening. I think we are off to higher prices and ATH.
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