Daily Plan 3/6
Today warrants a daily plan
Hello traders,
This week we have seen two consecutive red days on the Emini.
Today’s action was almost exactly as I postulated last night
And then EOD buying as usual (however it was delayed today and stopped me out)
From the weekly plan, we were mentioning that the market does seem a bit extended.
We were also short at the top edge of the market, however it was a low conviction scalp and I do not take credit for the market dumping almost 90 points from there.
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What next?
On the equities side, AAPL 0.00%↑ has seen a lot of downside action over the last few weeks. It could be a good tactical long at the 170-171 area if you have a bullish bias.
For tonight’s globex session these are the key levels I’m looking at.