I wouldn't rule out a rally on Wednesday like you expect. Matter of fact, hope we get to at least 36.56. Let me explain...
Current Position: 100% Cash Support: 35.50-35.70 Resistance: 36.15
Got out this morning @ 35.49 to lock in gains from the recent short trade. I didn't like the positive divergence between the hourly RSI and price which forecasted today's rally. Nevertheless, my bias is still bearish, and I'm looking to take on a short Wednesday at either of the following two levels: 36.56 or 35.20. Otherwise, just going to remain in cash...
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