a red day for me. if close at half percent or lower, will buy the dip. inflation data tomorrow so wait and see.
I'm thinking maybe a move down to the 4650 area today - rally back inside yesterday's range from there or continuation lower.
5.75 points shy of that gap fill below. May have been all we got below, but whippy morning, so everything is on the table still. Would normally be looking for 4680 + then if the LOD is in.
70 is a potential reversal area, but I think this may have been it. I don't see why we can't print 4690 today, but let's not get too greedy too soon.
what a workout this morning for nothing, just broke even from a long trade. we shall see, it seems the bull really wants to take back the day to green.
done for the day and i am just barely in green. the daily chart looks like we can now plan for covered trades rather than chasing few points on a whim.