Happy Hump Day all. Bulls seems not to be giving up and rolling over just yet. Support is so far holding up for closes on the 4-hr and longer charts. Overall, it does seem like there's more consolidation occurring and we are still looking at daily inside bars for now.
Support is still being found on the trend line and EMA support levels. The 26-EMA is definitely holding.
$8,919 is the low of the last move that we're looking at as support to hold. If this level does break (especially if we see a close below), bears will have the edge and I'd expect a move to the downside.
Hope you're all doing well! Like I've said before, lots of mixed signals so being cautious and aware is the best thing. I'm in a short-term swing position right now but have risk tolerance set.
