WAS watching the PA last evening /early AM. mentioned that 1372 was the right side support. It broke for a BO5 and BO10 sell off.
At the US open, we are back to a range bound day. An early range run from long to short, and an early SBBO test. B1 completed the range run and was the 1BO challenge of the SB. In hindsight, B2-3 FBO of the Middle BOT and the EMA was a low risk short, and would be in a better position to hold the SB break. But, as trading sometimes goes. the support of the SB was sufficient to wait for the 1PB to short, and that was B5 at 57.5. Good for a SBBO +3.
Bulls were entering at the B10 TL with an expectation that PA would reverse and run the range. This proved to be valid and had additional buying opportunity at B56-57 with EOD exits at 62.5.
At a SBBO of -4 and the range run LBBO to +2 the day was a nearly perfect range day.
No comments:
Post a Comment