Day trading May 1st
Aggiornato
FOMC day so thinking the chop zone could be in play, with a very choppy trade. In the even we can get above or below that range can point to what we could see. Above the overnight high we will see either a big short squeeze or a very low volume grind, did not check short interest.
First line below is target if we move out the bottom of the chop range
This market is showing very very bullish action so would trade short but be careful with full on shorting until we can get some capitulation.
First line below is target if we move out the bottom of the chop range
This market is showing very very bullish action so would trade short but be careful with full on shorting until we can get some capitulation.
Commento
Nice a bit of a mover for a FOMC day and not bad as far as turn locations,Commento
looks like a pretty good road map for the day even if I have to say it myself, hope you are finding this stuff helpful
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