With no high-impact news scheduled, I anticipate price action will follow a similar pattern. I expect the bearish trend to persist throughout the week, allowing for daily plays aiming at 200+ tick moves. If the FOMC meeting on Thursday doesn’t shift the trend, I believe next week’s CPI report could drive a bullish reversal. Lets collect these ticks!
This week’s overall trend for CBOT_MINI:MYM1! appears bearish, but during the NY session, we’re seeing strong bullish moves, often exceeding 200+ ticks. Given this pattern and the respected supply zone, I anticipate similar price action tomorrow (10/31). I plan to enter at the 8:30 CST open, aiming for a 250-tick gain, and then sell as price reaches the...