This is the same setup as last week as we continue to watch this develop. We have formed a new higher lower but I still want to see that break of price structure resistance before I open a long position. There may be some volatility this week as more Trade War rhetoric is hashed out by the Trump administration. It may give us the push this setup needs to get a bullish breakout. If we can't break through that price structure resistance or if we break back down below our new price structure lower high, this setup may become invalidated.