The last three days have offered many repeatable trading opportunities with volatility. It does not get much better than this. The minor low and high trades have been setting up perfectly. Somebody better tell the programs that they are getting too obvious!
Morning look above minor high previous day's range crushed right back to range lows and then gap fill. Gap fill entry offered nice points back to value area high. Re-test of lows afternoon, and fresh minor low failure, a nice long (almost just like yesterday, mind you). And a host of other major indexes were severely diverged at this time, and this added even bigger odds to this reversal trade idea.
Today added more fuel to some sort of upside attempt I think now.
Although sellers have swatted all upside pushes, sellers have not been able to pull off a decent down day in which now is 4 days of balance.
But we go with a breakout of either direction as major political news is looming...
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