Buyers reemerged yesterday and have regained control and we will continue to give the benefit to the Strong Bull.
Price is now trading above the 3DCPZ which is a “key marker” we use for trend direction. IF price penetrates the Prior Day High (PDH) and converts, THEN upside targets measure between 1860 – 1865 with TargetMaster Breakout 1868.75 Level. Pullbacks to 1842 – 1846 zone are buyable…Violation of the 1842 level suggests a reversal and measures 1834.75.
Trade Strategy: We’ll be looking to enter long side on pullbacks to key reference zones as long as prior session midpoint (1846) continues to hold. IF price pushes to statistical extremes, THEN we’ll turn opportunistic seller from key levels stated above.
Remain Flexible…ALWAYS USE STOPS!
I am ready to trade. My patterns are verified. My homework is complete. My mind is clear. I have rehearsed everything. I am prepared strategically, emotionally, and financially each and every day.