Tuesday, May 21, 2019 7:49:37 PM
Sometimes we get bogged down in the minor details, so when we scale out into the weekly chart perspective is easier, fewer lines and drawing tools give clearer thought. Clearly we are hitting old resistance from 2017 and July 2018 giving us the possibility of a double top , which the bears are praying for. We remain optimistic and not overly concerned by the $100 moves but await $1000 moves. Our longs are protected with stop losses in place and ready to add more if this $8400 hurdle is broken. This is a amazing time to be trading so stay nimble and enjoy.
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