Pre market

• Yesterday we had Powell speaking
• As nearly always: Wild volatility. Keep far away from that!!! This  can kill accounts!!!
• We ended up with an excess on the downside of the actual consolidation
• Can we move higher after this in the next days?

 

Post market

• For me the first hour looked like a typical whipsaw shake out opening phase which could result in a trend day up
• Did not happen. We ended with a small liquidation-b which is also an inside day
• This balance can set the base for a breakout in either direction tomorrow