We’re seeing some early morning strength but keep in mind we have a busy economic calendar this morning. The character of this market could change in an instant. Fortunately for us, we have the lovely market profiles to guide the way.
I’m more than a little thrilled to be back in my old school profiles. Merging Thursday and Friday sessions together is what gave yesterday clear vision. Look at the buyer reaction at the lows, it just so happened to perfectly coincide with the large distribution’s VAL.
Sometimes the profiles do all the morning work for me. I’ve highlighted a few levels I’ll be watching, and how we trade relative to them will guide my positioning.
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Your morning looks are very helpful.
Glad you find value in them. I do too