For the third consecutive week prices want to start lower. Last week the low surge formed a reversal discussed in the Long Term section of the web site. Not sure what this week will bring, but as discussed in the Long term section there may be a slight bias change going on. For now, daily traders have to respect the range trade we are in and trade accordingly. This week has an expiration which will provide addition information — check the long term during the week to ascertain any changes that I see from a technical perspective.
