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 continued to consolidate in the lower 1/3rd of the prior days range.
Pre-Market Price action followed the overnight price action and showed no momentum.
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With price action crossing below the opening bell, we took a marker lot SHORT and once price action moved in our favor, we closed the trade with 4+ points.