WE are in a multi-day range roughly 1340-60, and will continue to focus on range runs and break outs that run the day range, then be aware of PA reversals. This will continue until the market makes a move to expand the 40-60.
pre open range run LB to the short. PA trapping around the EMA at the open.
B10 SBBO which was valid (+1 before -1) that held at the lower day range target 1340
B12 doji inside prior bar was a turning point that signaled long in B13 LONG REVERSAL HOLD!
Range run with a LBBO to +5 level which held the reversal at 1348+. 1348 has been a multi-day long and short consideration. B39-40 add longs or new entries at the LB.
+10 break out run was stalled creating a high of the day and a selling signal at B53-54. Shorting began with 1355 and later 1350-53 as targets. Some CT longs at B69-70 stalled at the BO5 for additional shorting.
Back to the 1348 area.
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