Dow Jones YM Weekly Day Trading Gameplan AprilUsing the teal line as the mean, every time price moves roughly 650 ticks above the mean, it snaps back.
We are pushing off the mean now and I believe will continue bullish up to 40,500 which is roughly 650 ticks above the mean.
Monday I expect a bullish continuation higher.
After the move is complete, I will be looking for the revert back to the mean. I don't know if it will move below the mean or not.
The move below the mean will be able to close that gap to the downside
The average range of a monthly candle is roughly 2500 ticks from high to low