Slow Drift Morning Briefing
Slow Drift Morning Briefing
Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.
Spoos are slowly drifting to the downside now kissing the 25-hour SMA. Which unfortunately remains largely untested/ignored so I won’t be dipping into any ST positions here.
The NQ however seems to be more palatable and I’ll attempt a tiny 1/4R position if it sticks it head above 4444 – my lucky number of the day.
One more goodie below for my intrepid subs:
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Otherwise not much on the horizon this morning. So take it easy and don’t start grabbing entries because you’re eager to get exposed. We’re in churn mode across the front right now.
There ya go – this ought to mellow ya down a bit – and if that one doesn’t do it then resort to this 😉
Cheers,
