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Net buying overnight, a roll down will be fast, expecting trend day today, gap and go or gap and no go is the game plan today. get the morning right is key today. I don't expect sideways range day, either HH out of yesterday range or test yesterday's low.
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No sharp pullback in the next couple of bars then it's an uptrend day.
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Just a reminder
10 year Treasury auction at 1 eastern today this is rated as a high volatility event as we see what the bond traders think of CPI and the Fed.
Buy setup, new HH from here will be an up trend day for me, a close below this red line will be a negative price action for the day. so, up and up and up...
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Hot CPI, no rate cut suppose to weaken the day, but nooooo. at this point of the market no economic data mater any more since all we need just a few stocks to move the market.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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