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Condition
After testing the low of the balance area yesterday we today open near the top of the balance area
What to stay away from/ Thoughts
If we hold these higher prices this is bullish and speculative buyers that got shaked out yesterday could want back in
I stay away when Powell is speaking. I have no edge in these algo games. See you on friday after nfp
Condition
We have excess on the top (outside day down)
the on explored lower but did not get real traction
Thoughts/What not to do
The question is if we see some continuation of liquidation/selling
i use the rth l as a line in the sand: Acceptance below could bring in more selling
tricky
for me it looked like a potential neutral extreme structure because buyers were not able to come into y range
so i tried to short a potential roll over
Condition
Some kind of excess on the top and at the bottom
We open with gap up after numbers
What to stay away from
As long as we do not accept in y range my standpoint is that the low of the break could be in (which is bullish)
In that case intraday breaks should be buyable
Stay away from short as long as we do not sell off and find clear acceptance in y range
