Currently seeing a lot of bearish momentum to the downside on the Daily Chart, Appeared to break through a key level to the downside I have charted which is (11.38) as for indicators go I see a MACD crossover and RSI about to break the 50 level. Although after scaling down to a shorter time frame I do see some potential for the price to retrace to the upside only temporarily though before making its next leg down. A move past anywhere from 11.50-11.84 would invalidate my setup based on the bullish momentum.
Price Per Contracts are currently: 0.37 on Close Friday Feb 10th/22
Price Per Contracts are currently: 0.37 on Close Friday Feb 10th/22