Not looking great

2021년 9월 19일

Market structure looks pretty terrible. The failed breakout is not the greatest sign but I'll give it the benefit of the doubt given that US equities are currently correcting. H&S formed on the 4hr and we just rejected the second shoulder (as expected). I see the next support in the 42K range. If we catch sooner than that, I'll gage the strength of the order books but as of right now it looks like a ghost town.