most of the inventory from Friday close is short and this could cause a move back up into Friday rth session before a direction is found. Will watch red zone boundaries and any impulse around these red zone areas for a solid trade idea. There are lots of landing zones for down moves but the top side has some unresolved issues also. Todays action will be a strong guild to my trading approach but primary look for me will be a bounce I can short back to the over night low. and if the up moves brakes fail then will take longs on small flag type pull backs.
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