US markets trading above January lows and February 50% level....At this stage I'm looking for continuation upwards into Weekly tops before reversing back down towards the Weekly 50% level, later in the Week
Most occasions when the market closes on its highs on Friday, we look to trade down for the first two days before trading upwards, this might still be the case.....
Simply use the Sunday Range as risk filters:- above and heading towards Monday's channel highs...
And below expectation price is moving back towards the 5-day 50% levels, and following the 2-day reversal at the start of the Week.....
Posts
