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MToD (Money Trade of the Day)

MToD (Money Trade of the Day)

We’re not even 2 hours into RTH but I have to make this post on the movement we’ve already had today. When the 8:36AM (Chicago time) candle failed to reach the 1398 Prediction Point, and then peaking out at the 1403.50 REDLINE; this was an all too familiar indication that the ISM PMI would come in like it did. On the dot at the 9:00AM announcement, the 1402.00 Prediction Point gave perfect entry for the 6.5 point push up. It did push through the 1403.50 and 1405.00 lines, but this is to be expected around this type of announcement. This created the perfect parameters for the WnB (Wait n’ Break) set up at the 9:45 candle TTT (To The Tic) long off the 1405.00 REDLINE!!! Just couldn’t ask for anything better. Next targets at 1412.25 and 1413.25. But I may just wrap things up for the day. We shall see.


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