Didn't get back in today after last night's overnight trading hit my stop for break even. You can see it opened gapped up, continued up until it rejected off the channel upper trend line and Bollinger Band. Its also in the area of 2 different 27.2% Fib extensions. So its getting a little stuck in this area, and with high stochastics. But it was also supported at the 3ema today and did not venture further down to the 8ema. This is a sign of strength.
It could go either way from here, so I'm going to sit on my hands and wait for an edge.
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