Morning Ideas May 25, 2022
Good morning traders,
Apologies for yesterday's morning ideas coming out without audio.
What I was expecting yesterday was more of a non-trendy day. The difficulty with this market is that it's difficult to look for a back and forth market setup when we whip around intraday. For example, yesterday at 1130 it looked like it was a trend down day, just to turn around and trend higher the rest of the day.
What we are left with today is a market continuing to build out volume in this lower distribution that I discuss in the video. I think you have to continue to give the edge to the sellers here, as the market continues to have trouble holding onto higher prices.
Apologies for yesterday's morning ideas coming out without audio.
What I was expecting yesterday was more of a non-trendy day. The difficulty with this market is that it's difficult to look for a back and forth market setup when we whip around intraday. For example, yesterday at 1130 it looked like it was a trend down day, just to turn around and trend higher the rest of the day.
What we are left with today is a market continuing to build out volume in this lower distribution that I discuss in the video. I think you have to continue to give the edge to the sellers here, as the market continues to have trouble holding onto higher prices.
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