Thoughts for Tuesday 5/23

PMI & New Home sales

Hello traders, Going into globex we perfectly predicted chop as posted in this post. Price stayed between 98 and 08 all night and also spent significant amount of RTH time within that range. We longed against 08 at RTH open and then shorted against 06 both paid very well. We stayed out of the market after first hour, most of the day after that avoiding chop.

Econ Tomorrow:

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