KEEP IT IN RANGE

Professionals seem to be happy (and they are, they get theirs)  to keep the market in range.  That is OK with us too.  Play the range runs.

TODAY:   Rise in PA toward end of Euro Zone activity.  Will be alert for inside range plays.


ES     1209.5      1201.75    1198.75

NQ       2327.5       2314.75      2309


YM        11428     11365         11342


TF         705.2         700        697.1


6E         3704        3675       3658

It was stated before the market opened: be alert to the inside range play.  The market was in balance, with roughly a SBBO5 to LBBO5 range.

[09:23] <CM> THIS AM ALERT;  we had a PA run toward end of Euro Zone trading  watch for trading inside ranges

[12:01] <CM> y  but mkt range sb+  to lb+  approx equal
[12:01] <CM> ie mkt in balance

[13:06] <CM> es consolidating  between lb5 and lb  bo bracket 14.5-7.5





[13:52] <CM> bias is long  but I'm seeing a Dick Tracy move too  back to mb or lower

 


 DT and range run worked.