|
Good
Morning.
It was déjà vu in the early Globex trade this morning as once
again one of the best 3-minute turn triggers of the day
(post-overnight squeeze) occurred prior to the general session.Â
 The rest of the
morning has been largely reflective of light chop, with timing
conflicts often limiting price extensions.
A late-morning break of the key 13-minute trend has left the
market in a 13 vs. 60 conflict, the resolution of which will be
required before the market can make its next significant move.Â
In the meantime, scalping or stepping aside is likely prudent
until the fog lifts.
|
