Today we had a 2.5pt gap up to continue the prior days trend Till the 2nd Time Interval where Blocks showed up at the highs on the 4500 and 13,500 knocking prices to recent lows around 1436. A 1.05% loss in a 22pt Range.
Recap Notes:
Trade Selection - Poor Trading, simply made bad adjustment managing risk during uncertain times. too big with no true background understanding. Unqualified Sequences.
INTANGIBLE OBSERVATIONS:
**Look for MATD with Blocks and Strength appearing at extremes.
Be Flat for news releases, keep order above or below market Only when the background is evident.