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 show momentum by rallying below the prior days lows.
Pre-Market Price action continued to consolidate near the prior day’s lows heading into the opening bell.
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Price action gave us a nice 1-minute reversal setup closing at the prior days low and immediately 2+ points profit.