Price Action
$280 was breached early morning China time, but quickly succumbed to selling pressure. The $270-$280 range still held during the trading day. A breach of above or below this range should incite violent trading.
Trade Idea
Ride the momentum above $280 or below $270. Use the daily futures contract XBU24H.
In the News
Ross Ulbricht demands new trial (Arstechnica)
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