My rules tell me to short. SPX, DJI and DAX seem to struggle and start to look for their "real" value. Since BTC broke out of the 1h range, I expect price to form a QM which will be my trigger for a short. On the daily we broke the HTF market structure. Until price remains below the orange box (QM), I will hunt for shorts towards the 7k range. People are bullish although we are still in a downtrend from a macro perspective. I will change my bias if price finds support above the QM level.
Duriano.
Duriano.