A.M. Look 11/9/22

Time to be very patient and let price dictate your next move.

Like the election, the market seems split between Macro Bears and near term Bulls.

Oil is into support, which is something to keep an eye on today.

Judd’s Tip;

David and I were discussing how often we have a target, Yesterday’s 3872.50 Spoo, you’ll see a rejection just shy of the # and the market comes all the way down only to retest the level at another time.

Targets are just that. They are levels where you should look to lock in directional trades and have a trailing stop.

Targets do not have to be printed on the first attempt.

Price rules. This is when shorter time-frame charts will help you manage risk.

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