Oops :) forgot CWEB
Checking out the US MJ sector for the setups heading into tomorrow and the slowly shifting momentum on the hourly charts
CWEB could give us an hourly equilibrium which might be a great setup from which to attempt to play the weekly higher low
Bulls are hoping for a daily inside bar tomorrow, bears are hoping to break today's low tomorrow on increased volume to get through this high volume node currently supporting the price
Traders are taking notice of this clear support zone on Charlotte's Web. 4hr equilibrium break is on watch as a break is imminent
CWEB has bounced 70% from the low and doesn't yet have a weekly higher low, I'm watching this 4hr equilibrium to tell me if weekly consolidation is underway or if the bulls are going back to test the high of the bounce so far.