Plan 6-6-23: Using Chop to Position for Next Move
The focus of this stack is efficient trading. A simple daily letter outlining short term bull and bear scenarios coupled with a longer term bias displayed visually on easy to read charts. Price action examples are explained and annotated when they’re relevant to the current day. The aim is to sharpen the reader’s daily market outlook.
Levels given take into account channels, volume profile points of control, key zones acting as either magnets or potential squeeze targets and levels of overhead supply/demand. This information is then distilled down into actionable support/resistance levels and an intraday plan. These levels will change each day as price reacts to the various highlighted zones discussed. Conversely there are no fundamental biases associated with these reads.
@efficientenzyme on Twitter or Substack message for questions regarding daily plan
/ES Roadmap
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