WE get so accustomed to range runs and BO's that when a range bound day returns it seems so painful to try a trade or actually make a trade. In a tight range, each long push seems to be quickly followed by a selling PB. Each sell off hits a quick support bounce by the longs. So goes a tight range where PA trades between the BOTs and/or TL's.
Today we had a short bias. Selling was evident prior to the US open, but traded sideways in a descending triangle for most of the day, finally breaking for a trend continuation shorting to the SBBO5.
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