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Objectives
we broke out of 3 day balance
yesterday was an inside day
we open with a small gap up after 8:30 job numbers
Thoughts
We are sitting high on the flagpole
It is the last day before the long Thanksgiving weekend
For now they are grinding higher
Wait for clear change until you engage in something other that that
There were attempts to liquidate but they were not able to follow through
In a bullish environment failed liquidations can be interesting longs. Also did not play out
In short: Nothing what i did worked
After the fact we see that nothing has changed
We are otf up on the daily, buyers are firmly in control
Objectives
holiday trading from thursday and friday is inside wednesday
I will watch the extremes of wednesday and ignore thursday and friday
For now we open inside
Thoughts
Recognize if we see CHANGE or if the STATUS QUO (buyers inn control) remains
Expect CHOP inside of wednesdays range
This is the overnight to an hour after London & German Cash Open. It just wanted to go upwards, you could almost feel it..
Bids were buying throughout the night, at VWAP. 7am German Confidence Numbers were improved. Later today, German and US numbers are expected to be improved....
Objectives
Open with gap up above our latest 3 day balance
oni is long and we open in upper third of onr
Thoughts
The market simply is very strong
I plan to be careful with shorts until we see clear change
The first objective sign of change would be to take out yesterdays high
Until this CHANGE happens the most obvious thing is to buy breaks and avoid shorts
