THIS CAN GIVE US TWO POTENTIAL POWERHOUSE TRADES ON THE DAY.
1. THE MARKET USES THIS SUPPORT LEVEL AS A LAUNCHING PAD FOR A SHARP UPWARD MOVE THAT TAKES OUT THE HIGHS.
2. THE MARKET CONTINUES TO BUILD THAT BASE ON THE BOTTOM OF THE OPENING RANGE AND BREAKS DOWN, SENDING PRICES SHARPLY LOWER.
EITHER WAY, WE WILL GET ON BOARD SO STAY ALERT TO THESE PARAMETERS.
I WILL NOT BE POSTING FROM 1:45PM EST TO 2:45PM EST, SO WATCH THOSE LEVELS.
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