This is right at bullish continuation support, which is where I swing trade it long for trend trades. That makes this pretty sketchy, so I am using the 5 minute chart just to see what is up. Here is the 8 hour bullish trend continuation support chart:
If the bull trend is alive and well here, it should rally off this support. I am scalping here just to see if we get a breakdown given the equity resistance area that was gapped into this morning. This trade should stop out if the bull trend lives. As it is a short term trade, I will not update this post.
There is always a bull path and a bear path. We cannot know which path our future will choose. As always, do your own due diligence, read the Disclaimer, and make your own investment decisions. Peace, Om, SoulJester
