Traders- AT 4511 yesterday, my play was to sell the rallies into 4550-4560. While this worked for first half of the session, as of this post, the buyers have overwhelmed the sellers. We are trading at 4585 at the moment. See this plan from yesterday and context behind it, if you have not already:
1. If we OPEN below 4556 tomorrow, I will be leaning bearish , confirm with the internals and my targets will be 4496. My LIS in sand in this scenario will be 4662.
TRIN close to 2 at open today and stayed there for first 15mins. should be obvious to short ONH and R @ 4610 given that right?
Thanks !!
Do you mean buy the dips into 4556-4562, not 4456-4562?
These are so useful. Which Trin do you use? My TradingView has loads but don’t see one for S&P Trin.us trin.nq trin.ny thanks in advance
1. If we OPEN below 4556 tomorrow, I will be leaning bearish , confirm with the internals and my targets will be 4496. My LIS in sand in this scenario will be 4662.
Is the LIS on the downside or upside.
Is 4662 in Scen 1 a typo?