This morning, while many traders are worried about the market dropping, I have 2 Short positions still running:
📉 $BR 📉 $AKE
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Then we'd see the zone give way cleanly, with momentum rotating back to sellers instead of this corrective drift. Right now though, the pullback feels measured rather than driven, and pressure seems to be easing as it sits into the area.
Not convinced yet, but if support here holds without hesitation, continuation looks clean. Watching how sellers respond – if they fade rather than push through, that's the tell. Bands are stacked right for it.
Been watching this one compress into support and the sellers are finally backing off. Structure looks healthy, momentum's shifting back to buyers, and the bands are stacked right. If this zone holds we could see a clean push higher.
Support's holding cleanly and the pullback structure looks corrective rather than reversal-driven. I'd watch for seller momentum to actually build and reclaim control of the zone - that's when the read breaks. Until then, continuation bias stays intact.
Buyers keep stepping in quietly every time it dips into this zone, and the absorption looks clean—no panic unwind, just patient accumulation. Momentum's starting to tilt back their way without forcing it.
If this zone fails we're probably seeing distribution, not accumulation. But the way it's holding right now feels more like buyers stepping in than exhaustion. Pullback structure looks corrective to me.
Price coiled into support without much follow-through from sellers, and that lack of aggression usually precedes a leg higher. If buyers reclaim the space above and momentum starts stretching again, continuation should play out clean with the structure still intact.
Not convinced yet, but the way it's holding here doesn't feel like distribution. If buyers actually show up instead of just preventing further damage, continuation becomes the cleaner path.
Price keeps getting rejected at this zone and the bounce we're seeing looks more like a dead cat than anything with legs. Momentum's rolling over and sellers are stepping in before buyers can get comfortable.
Not convinced yet, but watching how price handles this resistance—if it breaks through cleanly with buyers taking control, the read falls apart. Right now the structure looks heavy and sellers are still in charge, so leaning into continuation unless momentum flips hard.
Price is treating this support zone with respect so far—earlier pullback looks more like repositioning than a breakdown. Buyers are starting to step back in.
If this zone fails and sellers take control cleanly, the read is toast. But the way price is holding here—combined with how the bands are layered—suggests continuation is more likely. Worth the squeeze.
Sellers haven't been able to push through this support zone despite multiple tests, and buying interest is starting to return. Looks more like consolidation before continuation than exhaustion. Structure favors the upside from here.
Not convinced yet, but sellers seem to be stepping back after that drop into support. If buyers actually show up here and momentum starts tilting back, this could be the setup that runs—just need to see follow-through rather than another failed bounce.
Yeah, some will fade this since we're still below recent highs. But the way it's holding here matters—sellers aren't accelerating, and the character of the pullback reads corrective. Momentum's rotating back.
If this resistance zone cracks and buyers reclaim it with momentum, the read's dead. But structure's still stacked bearish, continuation bands are tight, and price is pressing into supply rather than digesting it. Worth the swing.
Buyers are quietly absorbing what's left of the selling into this support zone—haven't broken structure yet. If momentum rotates back their way we'd expect steadier expansion rather than another round of choppy consolidation. Watching for that shift but not forcing it early.