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/GC … DXY dollar looks strong.. but possible double top in the DXY weekly (last 3 weeks lower volume on the push up).. a yearly double top.. not so sure.. but /GC on support.. picking up some GLD C here. Yellen and crew have something to say/tricks up their sleeves about the dollar this week?
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TARGET WEBSITE CRASHES TODAY
Target struggled to handle a surge of e-commerce traffic on Cyber Monday, making its website inaccessible to some users. “Please hold tight,” a message read on Target's site.
[Bloomberg, one hour ago]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
SPX D/5m… seems that red dashed line is serious resistance on the daily.. green trend SPY 5m fwiw.. still no 20d tag.. very messy invs yellow H&S for the bulls…
ES: Alright I'm back, 5m looks like a mini 1-2-3 trend change setup along with the hourly context of a range day shakefest.
Bears couldn't sustain under 2081, looks like the hourly white projection chart is still fine and dandy.
Digging up something from my day trading rulebook...thought I'd share a snippet
For rangebound shakefests days: focus trading the 2.5 hours of the day session only as that is where the high probability trades are located. The rest of the day tends to have frustrating no follow through setups as the "easy money" has already been made/missed. This applies even better for the high beta tech stocks that I trade weekly options on.
So far this holds true for today's 2090-2095 range high short of the purple ascending triangle and now we're just hovering above the range low of the triangle.
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