I think we're in for a sell to the previous structure high. Obviously a "Counter trend entry" to ride until we return bullish. Just my Thoughts.....What's your opinion?
Thesis: Bearish Bias break and retest (however either play is at hand). Wait for a break and retest
Notes: Every Bull run has had a correction to the previous structure high. Following that...
Thesis: Waiting for displacement &
retest of structure / previous resistance
Notes: Wait for Strong Price action W/ Candle stick confirmation
... look for possible RSI Divergence
Daily: Consolidation (Bullish Entry)
Price hasnt broken HH or HL. support formed at 197.021
H4: Bearish ( waiting for HL to form to confirm
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