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In all honesty, please don't hold me up on a pedestal. I am beside you both, maybe even below you, but for sure not above. I do appreciate the kindness of course, there is never too much of that going around!
I was out of town for my girlfriend's birthday all weekend.
I have not gotten a chance to catch up on FIO yet (she wasn't a fan of me sneaking onto the FIO app). I will try to get back to all PM's, mentions, and replies before tomorrow's open!
I hope everyone's weekend was splendid and that you are all ready for the week ahead.
Watching price on my phone whilst in class, so forgive me if I mess up.
It appears to me that the first "box of importance" held to the upside. If this is true, I would be becoming bullish. I would look for more clues though before I took a trade:
-How are bonds, gold, and crude looking?
-What is the TICK saying?
-Does price action indicate bullishness?
-Where are we on larger time frame? Maybe at a good value for buyers?
I would be looking for more clues and if they all fit the puzzle, I would take a long and fade all the way down to that "box of importance". Below that box would in-turn be my puke point.
I think that the reward/risk is pretty dang good for the bulls down here. If I was at the trade station I would be very tempted...
