short-term pullback into blue/Yellow support zones
Today it's all about trading on the side of the 5-day 50% levels"
Premium Report
S&P Weekly and 5-day pattern
I was expecting an UP day on Thursday based on this week's patterns, especially the
2-day stall above the 5-day 50% level.
The pattern I was looking for was a move down into channel support and then for price to move above the 5-day 50% level and conrinue back towards the highs
Instead price broke support on Thursday and moved back down into the Weekly 50% levels.
- Daily Trading Set-ups & Analysis