Most likely inside the next 3 sessions... These are the games the markets plays on the mind.. Perhaps 2632 was close enough to the target ... but in my 24 years experience, more often than not, the market takes the scenic route to it`s definitive targets & keeps traders off balance & off kilter... leaning to one side before the rug is pulled out from underneath you! Kinda like to move North now.... when everything looked down!
Looking to have a nice green or near green day today with gains or near gains in the SP and a nice finish to the week above The Izzy Bottom.
Take this break out with a grain of salt. A small range these days where it can move 100 pts in minutes.
More like a build out of a powerful 15, 30, 60 Min IHS... this highly predictable build out can be milked for all it`s worth... on the break as well as the build out!
Learning how to read, decipher & absorb PA is invaluable... & the only way it`s achieved is thru extensive screen time & thru thousands of hours of experience... No short cut to that degree!