Here is a five minute chart showing today's day session in the June e-minis. I am long two units at the green arrows. I went long because I believe the trend is upward. In an uptrend the market generally advances from the open. If so I thought it was unlikely that it drop more than 5 point from the open (purple dotted rectangle). The blue rectangle is my range estimate for today - low at 748 and high near 773.
1 comment:
there seems to be no upwards traction in prices here, Carl.
Does that concern you?
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