How to handle next week

• Many times it is a question of timeframe
• If the environment is readable it is good to catch the larger intraday moves
• If like now the market is in big indecision it should be better to trade a shorter timeframe
• At the moment short term traders and algos get shaken around. Ohhh, it´s going down, let´s short it, f* no follow through we have to cover, ….
• I expect this behaviour to continue the following week. We have midterm elections on tuesday and cpi on thursday
• Look at the daily chart. You can see the indecision in the overlapping value areas
• On the weekly chart on the left we see that sellers had the chance to get an outside week down but they were not able to get it
• Until we get more clearity try to trade a little bit smaller timeframe !!!