SU Example TA: Breakout retest or failing breakout? Do not predict. Watch for a bounce to confirm. Remember, oil producers are highly dependent on the price of oil. So consider the price action in crude. If SU falls below 35.50, this latest pullback may end up being a Wyckoff UTAD. Otherwise, if confirmed with a bounce off 37.30, we likely continue in the trend channel.
I have been daytrading again using the mourning chaos to get in and out, small bites before option spreads start popping up and doing a break check on the range, anyone else into this