Tuesday, September 13, 2022

2% down open

The market opened gap down approximately 2%. Everything extended down. Because of the past several up days, though, the gaps down were back to the middle of boxes. The only way to consider a breakdown was maybe on 60 min. Lots of 60min moves below uptrends, but some of the dailies were strong. What to do?

I watched several weak dailies. Then played it really close. I left a lot on the table, but that could have gone either way. I got green. Peace.

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