Intraday Update

10/29/21

Folks:

A quick follow up on overnight action.

Trade plan called for 4565 as target # 1 if RTH open below 4580. This target was achieved over-night in ETH due to action in AMZN, AAPL et al..

See volume v 2143.4

I issued a tweet 🐥 on this development: Toc Toc 4565

As we approach RTH (Regular Trading Hours), stocks gapping down come into play. Which means AMZN at 3280, AAPL at 144-145. These are near their recent swing lows. This corresponds to 4556-4559 on S&P500 emini.

These conditions may create choppy session today capped on both ends by 4582-4556. Clear direction will be evident only outside of these brackets imo.

Anyways, stay tuned on Telegram/Twitter as further updates will be provided there. S&P500 printed 4565 at time of this publication.