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Hi again all,
Nice 100+ retrace of the gap fill this morning and a move above the days highs in the SPY. Good confirmation was noted near the noon video. I hope you are all having a good trading week : )
Matador
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Hi again all,
Economic numbers came in more positive than expected for the most part today. We have pulled back to another perfect gap fill on the SPY and are currently holding that level.
The TRIN's are still divergent and I'm looking for confirmation of a higher swing low if we can get it. Remember that a higher swing low here will be with volume confirmation to the downside.
Hope your trading day goes well,
Matador
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