A flat day overall with opportunities for both sides. Short off the RTH opening, longs at support back to resistance. The sell side holds the broken balance. Lots of longs are trapped above and every time the price comes to that level they unload loosing positions. Pure market action. Not much to add. Until the supply is excessive the price will be held below. The market looks like a beast confined in the cage where there is no clear exit. That works fine for active traders that takes advantage of the short term moves. However, that keeps big players out of the game.
The market structure remains intact with the same levels.
9/26/2019
The market structure remains intact with the same levels.
9/26/2019
