Day trading plan: It's opening inside the prior range close to the 1532 resistance area.
It's coming into the green bands which usually make for easier trend days but I'm kind of expecting it to consolidate here.
A significant break above 1534.4 would be very bullish and might translate into a day that ends at the high.
If it shows strength after the 30 minute IB I will be looking to buy tests of support/resistance. If it wants to test lower that will probably mean a sideways consolidation day and I probably won't trade at all.
It's coming into the green bands which usually make for easier trend days but I'm kind of expecting it to consolidate here.
A significant break above 1534.4 would be very bullish and might translate into a day that ends at the high.
If it shows strength after the 30 minute IB I will be looking to buy tests of support/resistance. If it wants to test lower that will probably mean a sideways consolidation day and I probably won't trade at all.