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3 push down but still looks strong therefore likely there's a 4th push down before a bottom could be possible.
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Really text book ABC up of the overnight lows. ABC being a corrective, not an impulse move, so we will see.
6,875 was a significant level for options players last week and bingo here we are. Makes me wonder if the big trading houses were sanitizing their book.
I have, once again, updated my trading chart. Dropped the moving average cross over and added Price Action Swing Pro to draw highs and lows. I think it looks cleaner.
Having said that a 20 point drop after a double top sure looks like the morning high could be in.
Not sure whether it's a measured move up here (pink area).
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Still moving around in the range. Will be very difficult to move beyond this high volume node so I keep thinking that Globex overnight low could or should get tested.
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I was suprised to see this double top with Friday. There is about a 20 point open gap down in the cash from Friday's open. Does that qualify as unfinished business?
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