TODAY's OUTLOOK
Looks very choppy and Explosive higher timeframes, H1 and M15. The bears had some great moments last week and seems like they are happy to reestablish their rankings, but the question is at what level. Now I'm only considering it as a potential expanding range (not bull trend just yet despite current price action), which might go either way and produce some wonderful rapid swings for both bulls and bears. This can be corroborated on D1, where we are in the middle of a Pullback into MA, therefore mid-range and anything could happen. Therefore, in the absence of strong and speedy tick action and drive, I'd rather commerce breakout failures compared to chase breakouts.
To help me concentrate and stay disciplined and prevent at least some crap trades (I'd take a couple last Friday despite a very neat a.m. session) I've created a commerce explorer connected to this thread.