Pre-market, Wednesday, February 10, 2021
Good morning traders!
The trend for the past 20 days have been up, and is getting consolidated, and the VIX levels is sttling in a range, which sows us right now how the dust has passed, and we are now seeing an steady movement of the market.
The market traded a pretty tiight range during the nignt, of around 17 points, and started to accept in this new position higher. Being we are not as far from previous value area, I'll say that we are going to come and test the previous VA high, were I see a good oportunity for a long. Long at 3909, wrong at 3901, TP at 3926.
The trend for the past 20 days have been up, and is getting consolidated, and the VIX levels is sttling in a range, which sows us right now how the dust has passed, and we are now seeing an steady movement of the market.
The market traded a pretty tiight range during the nignt, of around 17 points, and started to accept in this new position higher. Being we are not as far from previous value area, I'll say that we are going to come and test the previous VA high, were I see a good oportunity for a long. Long at 3909, wrong at 3901, TP at 3926.