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Big spike up there, starting to look like a bullish bounce on the TL.

200dma and downtrend trendline meet at 2640ish.

Retest of the big downward trend line from above. Healthy retrace for the longs or big fakeout? Time will tell. I’m long for the foreseeable future if it goes back over 2740 and short if it doesn’t.

Textbook island reversal.

H&S 1hr chart?

What I am looking at- added some shorts here and closed some longs

Having 99% winrate doesnt mean much if your 1% of losers have a relatively high probability of wiping your account.

Actually reversed to short on a signal I got on the 1m chart, slightly short now instead.

Nice bounce there on the 23.6 retrace. I closed some losing short positions today just in case, slightly long.

Im slightly short right now but got in much too early, going to watch and see if we get some sort of pullback and try to dump some losing short positions there and add some longs. We might be going back to ATH but I don't see it happening without some bumps on the road.

Dont really like entering heavily unless there has been a pullback.

Was wrong, we haven't had 7 straight up days in a row since 2nd of january this year.

7 up days in a row seems unlikely. We need that retrace to 2680.

I don't really use volume myself but decreasing volume could also mean that it's returning to the slow grind up.

This is what I want to see too before I go net long.

Now we have broken above no matter how you draw that TL. I need to see a retracement and bounce on the TL before I go net long however. Still flat.

My thoughts exactly, it's a huge measured move on this wedge. Next we either breakout to the upside or it's a fakeout and crash down. Anything could happen really so I sold some of my shorts and I am basically flat right now.

Pushing up above that TL, fakeout or ..? Took some shorts off just in case, still slightly net short.

I'm thinking 2620.

Been kissing that TL the past days but is still putting in lower highs, spring coiling up for a big move down? Hard to see it play out another way but anything can and will happen in the markets. Still net short.