Analysis:
Profile structure is still bearish and no significant pattern occured today. We have a bullish window open though, and possible attack on key resistance. Im not posting low probability bullish zone because the range is quite large and I will try to manage it based on orderbook levels+potential dots. Still trading small size until key resistance level is hit or new pattern emerges.
I mentioned in a chatroom that looking at vol structure for september series of contract mid-to-long-term “buy the dip” is in the area between 4330-4270 for now (see the image below). Will update it when changed.
Strategy Status:
Trend following: short 4390 (Aug 19)
Pattern: key bearish resistance entry.
Other Markets (updated around 18-19 NY time)
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