we are extremely bearish at surfer's NYC holdout. pessimsim is getting strong in the air, but not quite enough to single a bottom or a continuation of the shap. severe bear market rallies that sweep thru these types of situations, knocking out the weak shorts and sucking in more and more capital.
at this point, 12307 looks like strong resistance on the upside in the YM. If you are jonesing to get long, upper channel line here would be relevant--12193 is the lower line.
holding shorts from original entry...
remember longs today are suggested as daytrade only if the upper channel line is snapped--- and they should be exited IMMEDIATELY at the first sign of pull back--for nimble and risk taking surfers only.