First, the 2 hour bars. I mean, what is this? Meatgrinder? Veg-o-matic? Slice and Dice? Shake and Bake? Swing Trader’s Nightmare? Day Trader’s Delight?
I guess it all depends on your time frame.
Today sets up bullish.
No.
Wait.
Today sets up bearish.
No.
Wait.
On the hourly bars, the dour Europeans have repelled the Asian Tiger rebound at the downtrend line.
We’re right smack in the middle of this infernal trading range. It’s 5 AM in New Yak. The hour of power. Decision time.
Or not.
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