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News and numbers
nothing today
powell speaks wed and thrsd
Objectives
We have seen a V kind reversal
We have very poor strucure below us with 2 gaps
we open in range and in the upper part of the onr
Thoughts
Normal would be to see some balance sooner or later
Do not sit in longs as we are short term overbought
Do not anticipate liquidations
See what is and wait for some sweetspot
Yesterday i had performance issues with sierrachart after switching to NQ, Spent a few hours on that and hope that it works today.
20231108 pre market
News and numbers
Powell speaks at the moment but its just an introduction
Other fed speaker at 1:40
Objectives
The V-turn continues
Yesterday closed cleary above the downtrend (from years h)
we are sitting on the flagpole with poor structure below us
Yesterday had a p-shape
The whole onr is inside that
Thoughts
Do not sit in longs long time
do not anticipate liquidation
wait for sweetspots
Objectives
Nothing new, still sitting on the flagpole
Thoughts
Do not sit in longs
Do not anticipate liquidation
I expect it to get calm around midtime before the powell speech
Trade the first 1-2 hours and then call it a day
Do not watch the powell bs