Completed a double top today and on the 1hr it was oversold on Boillingerbands and MFI.
The bounce back today could've been a dead cat seeing how we can't get back over that conformation line.
If we do get back over this area I think we'll rally back up to weekly resistance.
If we get rejected again tomorrow we could be headed back to that split channel I mentioned in my other post at 35,500..
Let's see what happens.. Day traders keep your eye on that hourly bollingerband and money flow if your short.
The bounce back today could've been a dead cat seeing how we can't get back over that conformation line.
If we do get back over this area I think we'll rally back up to weekly resistance.
If we get rejected again tomorrow we could be headed back to that split channel I mentioned in my other post at 35,500..
Let's see what happens.. Day traders keep your eye on that hourly bollingerband and money flow if your short.
