Support appears to be holding in the $233 area. However the volume is slowing down and green candles haven't engulfed for the last 8 hours. Waiting for a break down below the mid bband for a short position, or a break above the top for a long position.
It could easily break either way but neutral positions are no fun, so I'm going to stick with long for now. Stops at $230.
It could easily break either way but neutral positions are no fun, so I'm going to stick with long for now. Stops at $230.