sentiment seems overly bullish to me...and that was even on Friday the sentiment seemed bullish...but what is price action saying after all these hours.
Here it is and only 3 ticks over Friday's exit on lows...
so yea, waiting for that volume capitulation when the bulls get bearish and can't hold on any longer (where is it and why haven't we seen it).
That's the sentiment part, then there is the analysis part.
my ONE cent.
Of course many an Opus has been written at the exact lows add mine to the pile should we not see 40.