Despite preferring to playing an accordion/ whipsaw style market... the nice thing about trading slow methodical PA are the tight stops we can implement... 2 top sell at 31 ish with a 29.50 sell stop entry was only a 5 handle/ 20 tick stop with a 6:1 RR set up! The double bottom at 10am was only an 8 tick stop....
Hmm, I am just sitting flat here. Market still looking too weak and longs not producing enough for me to be interested. Also, don't want to short in the hole this much, not really any place for good R/R, at least that I understand or can see. Since NQ hit it's daily support, seeing if ES follows (although it already did get really close, maybe that's close enough... but generally it at least hits the level). Also, RTY is pretty far away from it's Daily support as well. Long story short just sitting on my hands. It's likely the highest probability trades are already done at least from my perspective and understanding.
Heavies/ Shorts Target levels; 1. 86 2. 74 3. 54.50 4. 24.50 2 O`Clock Drop?.............................