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It looks like any bears/shorts are squeezed out today. ES hasn't really had any noticeable pullback and silver snapped back to 33. Real tough to enter trades so far, maybe changing after London close.
Thanks Gary for the posts and if you're still short hope it works out for you. I failed short at .64 for -20, and then shorted .09 for a +40something trade, and after one more very small (-6) loss short (.97), I have to call it a day. Thanks again buddy, and will be monitoring rest of day.
I am down 3 for 3 today in crude regular market (took a couple winning scalps pre-market), as I am trying to short this market that has an incredible amount of steam. But, until it can break through this zone, I am still favoring down.
Gary here is a chart of CL as to what Mark Fisher system traders were looking at. Most of the traders use this to get intra day bias and then trade with levels which their system provide or just use ACD levels like I do.
