NQ1!, The Grind is Back

The buyers regained the short term control and trended up back to resistance. The session ended up at the inflection point. A few warning signs though:

- RSI flashing overbought condition.
- Steep trend line. Usually, such compression may not sustain.

Need to see a decisive break to either direction. Or Fake out which would be ideal for shorting.

The zero sum game is on. Stay nimble. Trust the price action and short term bias.

8/16/19