Market Analysis and Trading Strategies

So what are we gonna focus on? Previous day's low or previous day's high?

Previous day's high, 'cause it's bullish, it's wanting to go higher.

So the market trades up, creates an up closed day.

Then we take the same thing

and apply it to

the new day.

Okay.

So we have very simple approach.

Take this little box and move it up here.

Now we have yesterday. This is what this...

On this candle's date on, uh, December 8th.

This candle's last Thursday's high,

which would be ninety-three eighty.

Market opens, and we're gonna see it trade through that,

and with the

anticipation it's gonna eventually try to reach for this daily high.

So when this happens, again, we don't think about the daily low from

the previous

day. We're focusing on the movement through the

previous day's high

and/or eventually reaching to this level here on the daily.

The market closes in the middle of the range.

Here is Sunday's trading. Then Monday, the same

phenomenon. You would look for the market to want to

trade through what?

On Monday, we would look for this previous Friday's

low to be supported, and we would look for price to run

through previous Friday's high. Again, this is Sunday, we wouldn't

expect anything there. Monday, we see it open here.

Little bit of movement above it, but