1.30.24 In this video I try to outline what it means for the market to expand thereby be coming more tradable. Yesterday oil had a two bar reversal to go lower... but it closed at the support area of a range box... and today it's an opening price trade to short... so it really has to start to move lower or this market should be exited with a small stop. But I prefaced the video by telling you that the market traded up to important sellers which is usually signified with a pink line from above... and so I would be waiting for this market to correct lower because at the current level the market is more controlled by sellers until it actually trades above the pink line on top. This is not the best example of a short trade but if I had taken the trade yesterday and stayed short, I still hold this trade with a small stop from yesterday. In effect, It's understandable that the market is probably going to trade lower.... but it is trading lower to the buyers because it's right at the top of a range box that is below the range box from above. I will make this more clear on a subsequent video... as I don't want to redo this video.