Some nice day trades to be had today, while framing the daily structure with the underlying knowledge that a lot of fed day panic shorts were caught short at bad prices. The VWAP really is the king of all references so many time intraday. Momentum and consolidation patterns were clear as well today.
And the daily now is looking like it wants to bust a move above the 1869 zone.
But the market is firmly range bound, so I'm on watch for more washing machine action.
My bias is for a look above and fail back into the range tomorrow.
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