This commentary will focus on the first 60-90 minutes after the Opening Bell. However, our strategies can and will provide setups the entire trading day.
Overnight price action showing very little movement inside the prior day’s range.
Pre-Market Price action also consolidating but slowly moving lower with lower highs and lower lows while forming a flag pattern heading into the opening bell.
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Took a pre-market trade and got out at breakeven and a second trade SHORT that had follow thru and we took 2+ points profit.