Hey Guys!
On the larger timeframe of the Monthly, Weekly and Daily, we see this market is bearish.
Over the past few days leading into weeks, we have seen the market gravitate to the north to reach higher prices. We are tempted to believe that all of that bullishness was to drive the market into our expected bullish reversal zone.
Market price is currently inside our Daily zone. We are looking to see reversals.
Where that happens, we will look to trade bearish.
In the unlikely event that the market breaks our zone and clears our protected high, we will deem come to the conclusion that the bearish of the daily chart is over, and we will look to trade Bullish on the Daily.
Until then, we will hold on to our bearish perspective.