Usually, selling back into the range after a structure like this happens much faster. Today’s strong intraday trends in $NVDA and $AVGO are likely slowing that process. Persistent dip buyers in those leaders are absorbing supply, which is reducing the overall selling momentum.
Looking ahead I still think stronger selling remains more likely than not.
$SPX $SPY $NVDA $AVGO
Want this kind of breakdown on every trade?
Inside Patreon, every position — wins and losses — gets the full plan-execute-manage-review treatment. Daily updates while trades are on. Direct chat with me.
Join on PatreonEducational content only. Trading involves substantial risk. The setup grade and outcome described here are specific to my plan, sizing, and risk tolerance. Do your own work.
Geef een reactie