Price didn't do much moving today regardless of a intra-day OB situation. If this case for a bull run is strong, it should have taken advantage of the OB to accelerate price to the upside, but it did not. The daily candle does not look like a confidence builder, sporting a reversal candle and below the Gann angle that I am following. The long-term OS is still in play, and maybe the cause for the weak OB signal on the intra-day charts. This is still under study to see reactions opposite each extremes.
Since I have an 1800 target that was not hit, it is possible price is still working through some pressure before a resumption lower.
SEN: Bearish
ST: DOWN
PA: DOWN
WARNING: Impulsive move down has occurred, but it could get worse if we do not exit OS on ST. (Crash Scenario)...
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