Actionable Trading Ideas

How to approach the trading day

Today’s trading action may look very familiar to you that’s because if you read my article on “How to protect yourself from range bound markets” then you understand my theory about the market still building value in a range. Today’s day session high and low is 2091.75 to 2084.25 that’s a 7.50 range with most of today’s action trade between 2089.00 & 2087.00.

This lets me know we’re waiting for the consumer sentiment consensus and the fed chair Janet Yellen to speak tomorrow, or the market has already began celebrating Memorial Day weekend,,,,