Hey Traders,
Bears did a decent job minor damage earlier in the week and had every reason to push it lower yesterday. But as mentioned previously bulls are in full control and the funds who have to chase performance and whoever else is buying up this market could care less about dollar strength, auctions, case schiller or anything else.
Game plan is simple: Scalp intraday setups and dont get caught up in the noise of what could should or would and let the charts guide you when the break down does occur.
As always will be posting key intraday levels on Twitter @esecfutures
Cheers
Vlad