Who says patterns don't change with time?  Was that you?

08/27/2020 02:30 PM By Matt Ratliff
Recently this pattern, that may be in play today, has led to higher prices into the close, especially in the past 12 months.

Day - Thursday

Opening Gap Direction - Up slightly

Market Status - GDP Report came out today producing volatility, testing new highs and lows.

Instrument - ES, RTY, NQ, YM

Trading SetUp - Time Based Entry

Market Trend - Still in a Bullish trend after yesterdays new 52 week high.

Trade Type - Long

Entry - 3:00 pm ET

Exit - 4:15 pm ET (Market Close)



Click the Subscribe button below to receive the DailyiQ messages in your email inbox immediately as they are released.

Click below to share with your friends or colleagues

Matt Ratliff