Futures Notes
We saw this exact price action last week. We identified the supply and demand zones from yesterday and pre-market. I told myself I knew it was going to go down, but I thought it was bears trying to get out and bulls taking over.
Fed harker came out and said some not so bullish information.
Right now the market is trying to recover, but I doubt we will see a big swing up back to the open. Unless the next speaker has some bullish news.
My next position is going to be long depending on the 9EMAs and my other charts.
The dollar was falling as the SPY fell.
In the morning the market was inversing NVDA.
Another thing I have noticed.
The sharper the bear flags, the higher change they have of playing out.
The market is going sideways right now. Looking for a CoH to the upside maybe. How far I have no idea
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