Recap: Expected an inside day yesterday and it looked like it was going to be one until we took out 1320's, then after a pullback to 1700's it was a slow melt up. Looking for downside potential. Overnight session has been lopsided to the down side, and we have 'd' shaped profile which means long liquidation, so you can expect that people got long at bad prices into the close.Plan/Hypothesis: If we open inside the range, I will expect a range day. If we open out of range to either side, however unlikely, I will look to go with the trend. Will be watching 1313's closely for support and resistance in the 1320 area.
Quote of the day: "Spectators can not play the game!" ~?
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