Hello Everyone,
Quick Notes: After nice three day advance on the SPX/QQQ, today we saw some profit taking (unwinding of overbought readings). ES pivot support around 4661 with resistance 4695 has been the recent range with the lower end tested late this afternoon. Tomorrow we have the CPI data so let's see how the market reacts.
It's my birthday today so going to keep things short and spent time with the family.
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night. Consider making a fresh top 10-12 setups each night and put on front page along with existing trades. My advice is to keep your total ideas to a manageable number. Lastly, it's best to wait at times for valid setups to form - sometimes less is more.
Please take a moment to look at the trade ideas.
