Yesterday we began hesitancy, and trade ranging. Although we saw theoretical Dow lows of 10,660 and highs of 10,845 the market struggled most of the day at 10,745 Fib re-tracement area.
Buys were possible all on the call.
Because of the tight, almost no movement of the day, no trades were executed.
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It is a full moon today. It is also the Fall equinox. " Astrology chartists believe markets rally into full moons, and bottoms on the new moon" (Key Turning Dates.com)
Study Dow Projections. Recalculate support and resistance lines at least once through the day. Be willing to take tight profits. Study your emotions while you trade.
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