Non Traders Click Here

Thursday, October 31, 2024

 Market remains in a balance area. Perhaps it will until election ends? The edges are essentially 5800 to 5900. Market needs to accept above or below these prices to break its range. So remember you are in a range market so do not chase trends and odds are market will settle into intra day ranges. 

Last night it did trade down and test 5800 during Europe. This is the low end of the range. Being down at these prices I want to be a buyer. There is potential to break and trend higher as higher time frame buyers may be participating. Risk is if it breaks the 5800 level and it truly breaks. You can get run over buying it. 

No comments:

Post a Comment