Yesterday’s trend down action left the longs underwater and the shorts out of breath.
The boys left town early today and lathered up under the hot summer sun while the market was put on simmer. It was low volume behavior for the end of the week as both sides agreed to a temporary truce.
Why take five days to do what you can in four?.
An advantage of scoring big yesterday is that we can choose to play half day, or not at all today.
Recognizing a range day early allows us to buy low and sell high. After the Box was established, fading the breakouts was the game plan until you were proven wrong.
If you played that strategy, you were rewarded well for hanging out for an hour or two.
