After the volatile week, the market is at the crossroads right now. Key point is 1123-1113 area.
If we break above 1145, then most likely the market will take out new highs for the year. A breakdown below 1113 will lead to 1070-1060.
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About
- Trader Tony is a continuation of a project I started ~2 years ago with the idea of developing my trading skills and help others to do the same. I will be sharing my thoughts on different aspects of trading, such as short term price movements, options trading, indicators, Wyckoff Schematics and many more. Enjoy the Trader Tony blog and comment.
