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Almost touched the POC shown earlier, which is to the tick the midpoint of the move up from 23. Hard to read this action due to low volume; no reason we should not get a good bounce, but something about the way it feels tells me the bears are simply lurking for a better price.
Yeah, I am watching the ES and Brent today. The reason I bailed out of the CL long (and lucky I did) was Brent was pushing on it's low, and then broke which seemed to pull CL with it. I have not watched Brent until yesterday, but the motion works nearly identical to CL.
I am still stiing here, flat. I missed a huge move down, but it did not fit my plan and I was not going to scramble to have a backup plan. So still watching.
I may actually wait until tomorrow. I can't count the times I have been one day early. Maybe the 2om rush will show something, but when I don't understand or was not prepared, I just watch.
I might actually buy the ES. It is hovering in the 2nd area of interest, and if it can hold as it is currently re-testing the lows, that could produce an interesting afternoon.
Sorry for late chart and no pre market chart. In my notes, I had 102.82-103.43 as resistance and 100 as support. As usual I let OR ( opening range ) along with Volume spikes let me guide.