Last few days has put us in a bottom move comfort zone and no clear direction until this zone of 2544 - 2350 (ES, please verify your chart like spx500 numbers can be different) has been cleared.
This said 200 point consolidation is massive and provides many trading opportunities. I will be looking a opening move that will give me direction. Normally I would say a open bounce to short but am completely prepared for a opening drop.
This said 200 point consolidation is massive and provides many trading opportunities. I will be looking a opening move that will give me direction. Normally I would say a open bounce to short but am completely prepared for a opening drop.