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!
Note
Watching this pennant, should resolve tomorrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.