SXC looks good for a long
Updated
Crude has been holding HTF AOI's and continues to push.
SXC Itself has likewise been holding and continuing to push off HTF AOI's. Nice ignition volume on friday of last week. Looking for a sweep into a Weekly+Daily Level. Ill be watching at the first demand for an entry, Ideally I would like to see it sweep 9.87 before taking my entry but with that igniting volume from Friday I have my doubts. That was a lot of selling that was absorbed on friday and very little downside movement overall at the end of the day. Weekly Swept PWH and PWL and then closed back in the range but I do think we sweep one of the levels first so I wont be taking an entry without one. Good luck this week everybody
-TJ
SXC Itself has likewise been holding and continuing to push off HTF AOI's. Nice ignition volume on friday of last week. Looking for a sweep into a Weekly+Daily Level. Ill be watching at the first demand for an entry, Ideally I would like to see it sweep 9.87 before taking my entry but with that igniting volume from Friday I have my doubts. That was a lot of selling that was absorbed on friday and very little downside movement overall at the end of the day. Weekly Swept PWH and PWL and then closed back in the range but I do think we sweep one of the levels first so I wont be taking an entry without one. Good luck this week everybody
-TJ
Note
Im horrible at updating these, Tagged in a couple weeks back, if/when price sweeps recent highs I will go B/E
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