April 3rd Week
Market not looking good. Closed right at lows, looks like we got more in us. Concerned with too far too fast, maybe a fake lower to build new range, but overall things clearly pointing down.
Trading for myself was very slow. Not much happening. Not anything clean and clear. Gaps and chops so nothing for me to do and that is fine. Just looking to trade and get more data to keep improving. But waiting for the right setups.
MONDAY
No gap today, pmkt slight trend up to start. Nothing but shorts on watch, will have to be patient.
Nothing day. Market pop at open, slow lost it all. Nothing setup for me.
TUESDAY
No gap again. Market action was disgusting yesterday. Sentiment shifted quite lower, premarket seems to want downside edge as well.
WEDNESDAY
Strong rip. Looks like we can get more. Pmkt up still. doesnt look over ext.
THURSDAY
Another sideways action day, pmkt gap up though, might be a big deal as gap up is holding above major MAs.
I however, have nothing but shorts, so once again, looks like plans may not follow through and a big nothing day.
FRIDAY
Ugly action. Sell side clear. Big fail. Engulf lower. All signs point down.
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