Price formed a B high yesterday so we have a new AB swing
in place. We will still wait for a retracement to the 618/786 fib area where we
will be looking for a long trade setup after a bullish cs formation. If price
rallies from current levels we have no trade because our system doesn’t allow
for shallow bounce.
We maintain our bullish bias will the A low holds. Only a
sustained break of the low negates this outlook.
FOR TODAY: Will be going short if:
No short trade setups, if price falls we will stand aside
as we are looking for long entries lower down circa the 618/786.
FOR TODAY: Will be going long if:
We will wait for price to retrace further down to the
618/786 after which we will look for a bullish cs formation for a long trade
setup. 
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