12:25SPI Trading between the 5-day lows @ 5290 and 5259....
Once again I would have gone long on the lows @ 5255 the R44 lows, but it missed by 2 ticks this time. (low 5257)
I wanted to short under 5290, but I was waiting for an R22 rejection pattern to trade down into 5259 which didn't play out, instead it moved straight down...
I've gone into short-term scalping trades during this consoldation phase taking small chunks but trading on the short-side....If you have Range bars... have a look at the R14 bar it's consolidating in 14point ranges atm...
This will change once 14:36 comes along.....
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