$XCU

XCU is now at 6.52. There’s not much to say about today’s session, but it still needs saying. This 15-minute candle has basically not moved, with just 0.00% of room up or down. It’s down 0.14% over 24 hours, 0.25% below today’s high of 6.54, and just 0.13% above the low of 6.51. If you insist on technical analysis, there’s simply no technical setup to discuss—it’s moving sideways. 6.55 is the first hurdle above, while 6.47 is holding below. It’s currently grinding back and forth within this range. When volatility is high, I don’t like holding a pile of positions. The sentiment index is 61, neither cold nor hot, showing that everyone is waiting. Looking at the longer term, both the hourly and 4-hour charts are also pointing downward, with the direction aligned; every rebound is an opportunity to short. More people have money on hand now, and the total has increased by 48.3%; in times like this, the market usually still has room to run. The average candle moves 0.04%, so keep that in mind and don’t let normal fluctuations scare you. When emotions run high, I turn off my computer and look again the next day—things often become clear. Anyway, I don’t dare go all in. Being able to sleep well matters more than anything. Let’s discuss in the comments.