Recap: More range extension to the upside. Stopped one tick before 1308.50CLVN. On the lower end of the range, we traded down to 1298.50CLVN. Plan/Hypothesis: expecting OAOR to the upside, or OAIR. If we open out of range, I will look for a gap fill or a tag of Fridays' VPOC at 1307.50. Then I will look to buy pullbacks if the market decides to go higher. If we open in range below the naked VPOC I will look for the market to test it and then look to sell rallies.
Quote of the Day: " There is a fine line between arrogance and self-confidence... arrogance is a killer."~ Jack Welch
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