Hello traders,
Another day when the market consolidated for the most part and then a downspike to end the day.
We went long at about 4408-09 and then scaled out at 4421 and then the final burst at 4430 before the market reversing sharply of the level given before market open. Overall a slow yet rewarding day. NQ is definitely struggling as mentioned in the weekly plan, if you haven’t read it, please do below.
Weekly Plan 6/19
Hello traders, I hope you all had a great long weekend! I would like to thank all you readers for taking trading seriously and the results are impressive to say the least. Here are a few readers who sent in their progress report with accurate journaling.
In another tale of commodities, Soybean Meal had a stellar day today and the contracts are up about 10% since the mention on twitter (damn you substack not letting me post in-line).
Moving on these are the levels for the overnight session:
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