The market gapped up slightly overnight and continued to push higher throughout the morning before finding a new value area in the 847.00 to 849.00 area and then retracing slightly thereafter.
First trade of the morning at 6:33 long at 842.40 for +3.3. Second trade of the morning short at 7:10 at 846.20 for -1.8. Third trade of the morning long at 7:23 at 847.40 for -0.5. Fourth trade of the morning short at 7:49 at 846.80 for +0.5.
Net on the morning: +1.5
Online Encyclopedia of Trading Psychology
17 hours ago