Well, bears were clearly in the driver's seat today. Let's see if they can sustain this into tomorrow.
Interested in shorts somewhere between the VWAP close (2750) and today's VAH (2757.5). I guess a long stab around today's VAL (2722) wouldn't be horrible if price action supports it. Also watching today's -3 VWAP extension around 2710 and of course the round 2700 (November low).
The closer to 2700 we get, the happier I'll be to take long stabs. An overnight pullback to around 2750 and then more down would be nice & easy though.
There's an unbroken POC at 2650ish below too...
Interested in shorts somewhere between the VWAP close (2750) and today's VAH (2757.5). I guess a long stab around today's VAL (2722) wouldn't be horrible if price action supports it. Also watching today's -3 VWAP extension around 2710 and of course the round 2700 (November low).
The closer to 2700 we get, the happier I'll be to take long stabs. An overnight pullback to around 2750 and then more down would be nice & easy though.
There's an unbroken POC at 2650ish below too...
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