- Breather before resumption of the NCAA March Madness
- Busy working on my column
Summary
- Equities “appear” to have put in an M17 low
- Longer time frame traders appeared today providing range extension (long) in equities
- Equities are out of formation for a unified move (watch for fragmented moves)
- Gold & Oil reacting off structural S/R failing to penetrate further
Ruling Reason
- Assume continued consolidation (intraday & initial balance development trading)
- Watch for natural b/os
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