2022-12-12

Pre market narrative

  • This market can do whatever it wants especially with the coming news
  • If it goes up we normally  would expect some kind of excess on the downside before that
  • Tomorrow CPI, wednesday FED
  • Often we have balance or non-trend behaviour on these days before big news

 

Post market summary

  • Again sellers get no traction
  • We get covering 
  • We close above the 4 day balance with a price probe in K,L,M

Always remember, especially when it seems to be a clear context:

The worst thing a trader can have is only one idea

Trade what is, not what should be