Price bounced off the DTG 31.50 after the cash open with little order flow clues to take advantage of the market turn.  Order flow was a little kinder with the DTG 37.50 level, providing a couple opportunities to enter short.  They turned out to be tough trades however because volume soon dried up and price soon became “loose”; easily wipsawing up and down 3 or 4 ticks at a time.  After a couple rotations around the 37.50 level; price could have gone either way or no way at all.  It was just a coin flip that it finally broke down providing wins for this level. Continue reading »