At the time of this post price is currently around 31600 and appears to be running out of gas.
During Asian and London session price has continued to push down.
US - PPI news at 8:30AM EST so we will see what effect this has.
Currently I don't see any entry for my edge, there may be some short-term countertrend buy opportunities but I am not targeting those.
I am going to wait for price to pull back up to previous levels of structure, aligning with support/resistance levels, supply/demand zones, and fib levels while price is exhibiting signs of exhaustion/reversal to get back in on another sell order to continue riding the downward wave.
Have a great trading day and see you after NY session today!
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