- initial bias was bearish as markets broke previous day's support
- action in first 4-5 bars of the day (first box) showed no buying support from bulls
- break of support followed by no buying means one can take short with SL at day's high
- trailing SL shifted down during day
- exit at close.
- tomorrow, consider long above 8400F only.
- action in first 4-5 bars of the day (first box) showed no buying support from bulls
- break of support followed by no buying means one can take short with SL at day's high
- trailing SL shifted down during day
- exit at close.
- tomorrow, consider long above 8400F only.
No comments:
Post a Comment