Last hope for bulls?

In my last idea, I came across as rather bearish, although I thought I would note that it is not quite time to sell yet by zooming in to a shorter time frame. I think we are trading in a very short range right now, and no clear trend has developed over the last two weeks with either lower lows or higher highs, which can be frustrating. However, I think things are beginning to come to a head here, and if the market reverses and breaks out of this channel, we may think about becoming bullish again.

As I noted, there is a bullish moon coming up, so take that for what it's worth. Overall, though $395 still acts as hard resistance and $360 acts as hard support.

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