Hello Everyone,
Quick Notes: Consolidation day following the recent big move higher in the major indices with all the indexes closing fractionally lower on the session. Last night, Matt stated that the indices were short term overbought with the VIX rising along with the indices on Monday which typically leads to a pause which is basically what transpired today. With today's small range candle, one can use as a short term guide for tomorrow's trade.
Some decent trade ideas over the past week so I will review many of those tonight and provide a few new setups to monitor.
Please take a moment to look at the trade ideas.
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4/5: SPX DVT = 3875, 2 day candlestick chart 3850