Lots of things lining up here, demand zone support, pivot point,
other indicators. If scaling either way or both, certainly an area
to consider objectively for being able to do so or plan otherwise.
Great stuff on providing that early today, Steve! I appreciate
you
Also thought Matt made a good call with taking some off
yesterday as the market could have went either way. This kind of
range with so many possibilities is the kind of market when I'm
trading, I'll trade in pieces until a more clear risk/reward shot
comes into view. As is often discussed here, don't have to be an
all or nothing trader, etc.
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SPY/QQQ basing in their respective
QQQ Daily Demand Zone
Posted by steve on 6th of Dec 2022 at 11:31 am
SPY/QQQ basing in their respective demand zones
Lots of things lining up
Posted by fundamentalvalues on 6th of Dec 2022 at 11:42 am
Lots of things lining up here, demand zone support, pivot point, other indicators. If scaling either way or both, certainly an area to consider objectively for being able to do so or plan otherwise. Great stuff on providing that early today, Steve! I appreciate you
Also thought Matt made a good call with taking some off yesterday as the market could have went either way. This kind of range with so many possibilities is the kind of market when I'm trading, I'll trade in pieces until a more clear risk/reward shot comes into view. As is often discussed here, don't have to be an all or nothing trader, etc.