Finally! Things are lining up to see some bearish action! GU has just made the high of the week. I'm watching the order flow and can see the momentum change. The Delta has been negative on every Hour candle for the last 2 weeks. The DXY is also in a critical decision phase and area. We have DXY News coming up for NY session in 3 hours. According to volume distribution alone price needs to return to value area at least so we will move our stops and ride this one down as far as we can.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.