“Pete, what is the difference between today and yesterday? Why are we buying early?” Yesterday we had a possible reversal after the FOMC. That has happened often and we needed to make sure that was not going to happen. We also had neg earn from META. This morning we knew that factors were resolved favorably because the market rallied the entire day. In doing so it also confirmed the tech breakout above the down trendline. Yesterday 1OP was declining into the open and it was to our advantage to see what that cycle brought. This morning we are on a beautiful 1OP bullish cross and that set us up with a nice tailwind. The market did not gap up very much so we did not have to feel like we were chasing. The early green candles¬† after 15 min were the sign that we needed to act quickly
1 min read
Mark As Read
Share post
Like post