Take a moment to observe what we shared with subscribers and see how the entire day developed with a higher close. We had indicated to subscribers that there was an extremely high probability of an upward trend, which could result in highs in the 1:30-2:00 PM time frame. Even with a pullback, gains could still be sustained due to historical precedents.
Intraday SPY 0.00%↑
Sent at 9:30 am EST:
We even established the low of the day both publicly and for our valued readers.
Consequently, we have identified two trading opportunities: 1) near the lows of the opening 30 minutes and 2) at the lows of the day, potentially set between 10:30 and 11:00 AM. This positions us for a potential upward bias leading into the last Friday of July.
We even ran scenario analyses for the entire afternoon session.
I am preparing for a podcast after the close and hope everyone has an enjoyable weekend.