Sellers in control already from the ON session, taking out prior day's low. Contextually, very hard to find arguments for longs, except for pure scalps. Closing bounce off the monthly balance low, sets up an interesting next week.
Have a great weekend!
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Twitter: @smashelito | FAQ: smashelito.com
Thanks for everything you're doing and more importantly for sharing your work with us. Just out of curiosity, what does your day look like? I guess you watch the market the whole and 'pepper' it with trades as they come. How long does it take you to review the price action at the end of the day and do you have a checklist of things you should consider? Your write-ups, as I wrote a few times already, are fantastic. HAGW!