Tuesday will remain in a tight trading range, but still above the highs on Monday, and then there is the potential of a late move upwards
I favour a higher move on Tuesday towards the highs"
Premium Trader
DOW Weekly and 5-day pattern
With Monday’s breakout of the highs, there was an expectation that Tuesday would continue higher:- break and extend pattern…
Which is also the break and extend pattern from last Week's highs towards this week’s highs.
However, price more often than not reaches the highs on Tuesday and then pushes back down into a tight trading day above the break @ 10332
Today ended in a tight trading day with an upward bias but failing to reach the highs in the day session @ 10428
- Daily Trading Set-ups & Analysis