Pardon the lack of annotations on the 60-minute charts of the index ETFs & futures below but essentially, all are at or very near support level in which I suspect will be the reversal point a sharp rally in the final hour of trading today & have just reversed my index shorts to longs. At the very least, I think the very near-term (over the next hour/into the close) R/R is favorable to be long at this point vs. short. Active trade stuff that typical swing traders shouldn’t be overly concerned with.
Rally Time?
Share this! (member restricted content requires registration)
15 Comments