Tuesday pre-market analysis
Overnight Hang Seng (China) & Nikkei (Japan) markets drop 1.5% - US Dollar 💵 went higher yesterday to 105.20, from 104.90, now up ⬆️ again to 105.70 this morning. Mentioned yesterday days with lighter volume means more volatility. Low volume under 10 mil by 10am, 20 mil by 11am.
SPY DP LEVELS 425.11, 428, 430.88, 433.76, 436.65 - possible scenarios for today. Bull case open 434, down 433, than up to 437. Bear case open 434, up to 435.50, than back to 434, down to 431. SPY range 3.5 pts from top to bottom or bottom to top.
My strategy use the ranges, let the market play out, follow the pattern. And look at you and your trade somewhere between 11 AM and noon. If I missed that opening, I will look again at 1:50-2:00pm - those of you who used to watch me on YouTube no my timetables on the market 9:30-10:30, 11:15 (minor reversal) 11:25-11:50 generally mkt at highest or lowest level. 2:00 pm action
GOOD LUCK TO EVERYONE TODAY!!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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