NG Daily

I need to see Price hold the lows on the Daily chart, which has made 3 attempts at breaking down.

12/12 Micro extensions have now failed, not at all encouraging as it could never hold the weakest resistance @ the -236’s and although it did front run it’s .618 for the first time by 9 ticks… it failed and proceeded to drop 80 ticks.

The Daily extension lines up at 2480… a new low off the Daily Extension low.

It remains a very dangerous long, no positions and will see how Inventory plays out – exited MAR short / ARP long.

Leave a Reply

Your email address will not be published. Required fields are marked *