The markets took a pretty solid beating this week. These are great markets to be learning in as a lot of people learned in the stocks only go up rally after covid and they are now experiencing the other side of that. The only way to become a consistent trader is to be able to adapt and survive in any market conditions.
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Nate noted the odd gap on Monday morning. It is always good to pay attention when something moves when it shouldn't.
CMRA Key Level
These levels shared are such a big help especially for newer traders.
Here were some key levels that were shared for a long idea.
Nate was waiting for this to test the 22.50 area and fade off. Worked out nicely.
This ended up being a nice ABCD setup.
Have a great weekend.