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I don't have any trades yet, this used to be the hard part before. Before, I MUST TRADE everyday used to be my philosophy but now, if levels don't hit not trades so it became I DON'T HAVE TO TRADE (some laziness creeping in due to FEAR/confusing behavior of markets etc.).
Anyway, My levels on CL are clear as I am waiting for OIL to at least show me something on daily chart to go long or climax PUKE. So I will be watching for a long swing position at levels prepared to add more at lows if it goes down again.
IWM is confusing today, I want to short for a quick trade as ES, NQ and YM showing strength.
Hit my level and resting order on QM, I have room to add more after considering other factors.
Edit: Hindsight, I should have waited instead of resting order but when I wait market touches and reverses not this day...My thesis is still valid so going to keep this long.
Edit: Still keeping this long on QM, if price can stay above 42.90 then we have reliable bottom (Of course, that's just my guess).
Out at 43.30 put order back to buy again at 42.85.
Edit: Looks like price is getting accepted here at 43.15 area so got back in at 43.20 will add more if goes down...Cum Delta is turning positive and expectation is shorts are going to freaked out and cover it.
