Was long earlier (12950, 12970 levels) and now I sit flat. Very thin market right now and I am trying to avoid this early morning chop at the moment. I will say this, the market seems like it has the ability to bounce without much effort so will continue to watch for possibly another leg up ? As mentioned though, so far has failed the 62% retracement so that is a level that needs to be watched.
Thanks as always for the scorecard update!
gt.