RANGE BOUND DAY 6/10/13

Range bound days can take time to develop a trade.  Often the best part of a RB day is the expected extended break out to follow.

ES


A 50CB natural trading range inside the BOT range
FBO's and reversals at the BOTs
A break of the EMA was expected to run the range, and was an alternative play

Again, time to develop can be painfully slow.

CL

Another example of a 50CB range inside the BOT range
Early range run action had promise
Mid AM PA stalled and developed a narrow RB Day between the upper 50CB and the LB