DECEMBER 22, 2022 — THURSDAY AM
The market has sold off in pre-market trading, as GDP and Initial Jobless Claims pushed prices down ahead of the RTH open. To open the RTH trade below yMID would trigger MGR sell signals, which could lead to additional selling pressure this morning across the board. Watch yMID for early directional bias today.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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