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" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
I was just about to post - Possible we have a constricted range between 9040 & 9120. Volume seems to be drying up with Delta improving. The longer we stay in this IB area the more chance of it being so.
Actually, I should be more clear. The "trigger" may have been the ISM volume spike, but that has nothing to do with the setup. This trade started last night in my mind, and I waited all morning for price to retest the support area.
Every volume spike is not the same, but we are oversold, price came to an area that was anticipated, early volume confirmation, retest, then the thought is shorts are going to consider themselves lucky enough for awhile.
What I like about trades like that, while they take a long time to set up, they are usually fast and I do not get time to second guess myself.