I'm keeping a close eye on $CPI around this 25.60 mark; it's been a pretty sticky area and if it breaks much lower than 25.58, my current outlook on its short-term bounce potential would be invalidated pretty quickly.
Yeah, 25.60 has definitely been a stubborn level. Are you looking at any specific volume indicators to confirm a potential break, or mostly just the price action around that point?
Totally agree. That 25.58 level is key. If it fails, I'm adjusting my targets significantly lower. What's your next support if it breaks?
Ah, the old "it's sticky until it isn't" strategy. Good luck with that 0.02 range, may your stops be tight and your resolve tighter.
Interesting. I'm seeing similar support around 25.55 on my charts. Are you looking at a specific indicator for that 25.58 invalidation?