QUICK NOTES TODAY. The US market opened inside the BOT range and quickly had a range run from the SB at B4-5 to the LB at B7. A FBO tends to reverse and test the opposite level and has a new BO5 attempt. Today, the LB failed, and we got the range run and the SBBO5. Support was found just shy of the BO10 area (SB+9). A FBO reversal to where? The LB+9.
Range bound, range runs, BO5's. Another BOTtastic day.
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