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News
nvda is up 11% after earnigs
nq up 2%
9:45 and 10:00 medium important numbers
later fed speakers
Condition
I see a very wild consolidation area on the daily
we open with a huge gap up near the top of that area
oni is very long and we open near the top of the onr range
What to stay away from /thoughts
I do not buy large gaps early
Use signposts, not noise. If we have problems to get through the onh this could trigger a liquidation of oni (overnight inventory)
The sentiment is of course bullish. So pullbacks can be buyable
Do not sit in positions, shakeouts will occur
Condition
Seems that we consolidate last weeks gap and go
What to stay away from
As we open in range there is no reason for early offensive trading
Try to find some nice locations for scalps inside the above condition