Market Updates

S&P Daily Pre-Market Prep 10/6/16

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Sigh.... still in the range. Yesterday was quite painful. Still waiting for the break.

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There's nothing to plan really - we have held yesterdays range overnight but that doesn't help us much because playing off those extremes would theoretically just give us more chop.

Plan
- on the lookout for a break out of the range (it'll happen some time)
- an ear on the news in case something happens with DB (seems the fine is going down)
- no bias - just looking to take advantage of momentum on a short term moves that occur before we finally breakout

No levels today - I don't think there's much point!
 
 

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Posted by Peter Davies on October 06, 2016
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