Today looks like we are going to play around inside the over night zone and could be a very choppy day. Any substantial break of the red zone will be a strong indicator of what side of the market wants to take control. So looking for a back and forth trade until we clear this zone.
Bigger idea this is a balance at the bottom of a big move and could be telling us further down is coming unless we can clearly move above this range and hold it for some time.
Bigger idea this is a balance at the bottom of a big move and could be telling us further down is coming unless we can clearly move above this range and hold it for some time.