QUICK look. Price started the day erratic with B4 a single candle runner of the range. No biggie, the range was super narrow at 2.5 points.
The SB finally broke, but PA developed a gap at B12-16. Likely a range bound day and a return to the range off this bullish look. The bull TL that developed saw the range run and a buy/sell challenge near the LB. Bears denied the bulls the 1500.
PA broke at the EMA/LB at 1497 then broke the bull TL at B68. Was a nice bull biased day, albeit a narrow range.
The LB shorts took profits at the SB and the day was essentially over. A late range run rally stalled short of the golden 1500.
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