$WLD v still just a long/short setup riding the rebound. Price bounced strongly from the bottom, but it’s now hitting the exact resistance zone after a long downtrend—so going long right now is very likely to get hit by a shakeout move. If price can hold above the zone it just broke out from, there’s still a chance for an extended pull. If it gets rejected here, then this is likely only a rebound meant to offload. Longs, trade fast and take profit fast—don’t turn a quick trade into a hold/anchor position.
#wld