Levels and Thoughts for Thursday 3/9/23
Chop continues
Great day as outlined already in twitter post. Here is what I gave to sub stack subs yesterday nights. We stayed short below 3996 level during night session and RTH session . Other levels that we had were 3982 and 3968 and price pretty much respected that.
Econ Tomorrow:
08:30 EST Initial Jobless Claims
I suggest to not trade night session from 10 pm to 2 am chop. If action has to happen than it will happen before 10 pm or after 2 am EST. You can generally play edges to short and go long after 2 am. But get out of the way if it rips thru edges and wait for new opportunity or flip. And of course never add to loser and better yet cut it and reset.
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