Everyone’s looking at the majors but $LPT ‌ is doing something very sneaky right now.


We had that massive wick up to 2.60 yesterday which got sold off pretty fast, and now we’re just bleeding out slowly. It’s sitting right at 2.45 and honestly it looks exhausted.
There is some minor support around this 2.43 level where it bounced before, but the candle bodies are getting smaller and smaller. If we lose 2.40 it’s probably going to be a quick trip back down to the 2.35 range.
Volume is super dry on this move down which is the only thing giving the bulls a tiny bit of hope for a fakeout. I’m staying hands off until I see an impulsive green candle take back 2.50.

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LPT-0,24%
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