Nice candle today if gains hold. First minor downtrend broken. Oversold on larger timeframes (daily, weekly, even monthly)
COT bullish -> MM / Large Specs short, Commercials long
Wait for current extreme to cool down ~ +5% and look for long entry. SL below the lows.
Good Trading!
COT bullish -> MM / Large Specs short, Commercials long
Wait for current extreme to cool down ~ +5% and look for long entry. SL below the lows.
Good Trading!
Comment:
Watching this pennant, should resolve tomorrow.