Hi traders,
As I told you in yesterday's video I need to see a Daily bar CLOSE below or above particular SR area for me to consider that area broken. Yesterday was a picture-perfect demonstration.
SPY dropped as low as ~296, turned around, and finished the day in SOLID Green! And today it's gapping even higher with a high probability of filling the gap up to 318.
Yes, you'll not be the first in big breakouts, but at times like these, you'll be damn glad you didn't jump in too early.
Tom | FINEIGHT