Yesterday almost stayed inside mentioned range.
It did provide some excess so yesterday could be a temporary low.
End of day had large amount of stocks moving up.
I will still be watching same range as yesterday, but looking for a bit higher high and or a bit lower low. This will be driven by the spots outside yesterdays range. Only thing on chart that is changed is the expansion areas. Market is working on setting the next trap.
Until outside the megaphone I will be looking to trade the outside of range back to middle.
Keep your eyes on what the megatron stocks are doing MAGGAT, one of the G's can be substituted with either of N or B
It did provide some excess so yesterday could be a temporary low.
End of day had large amount of stocks moving up.
I will still be watching same range as yesterday, but looking for a bit higher high and or a bit lower low. This will be driven by the spots outside yesterdays range. Only thing on chart that is changed is the expansion areas. Market is working on setting the next trap.
Until outside the megaphone I will be looking to trade the outside of range back to middle.
Keep your eyes on what the megatron stocks are doing MAGGAT, one of the G's can be substituted with either of N or B
Comment:
Well the megaphone sure was on target. I took 1 short today form mid morning highs, not holding overnight.