
No trades today. The shorts were getting a slow squeeze all day long as the noose tightened around their position without letting go. Pullbacks weren't much more than 2 points if that which makes it very difficult to participate in a low risk entry.
I was waiting for a 3-5 point pullback once the overnight high was penetrated but did not see an entry. The only place I was considering entering was in the overnight high area once price pulled back just after it broke thru.
Tomorrow should be a consolidation day which usually follows a trend day. We'll get 'em tomorrow.
Trade Well !
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