RANGE BOUND TRADES SINCE SPY ONLY MOVED SEVEN POINTS FOR THE DAY

To capitalize on the market movement, you would have to know if the overall market is either range bound or trending. Knowing to trade these 2 kinds of overall market movement is one of the keys in becoming consistently profitable. It is impossible to monetized on the market movement if you are not able to determine if the market is in range bound or trending. Just like the old cliche' "trend is your friend". Not knowing what kind of overall market, the market is throwing at you intraday makes following this trend impossible. 11 out of 14 trades were green due following the overall market sentiment for the day. We are teaching this strategy in detail in our day trading unlocked course. Sign up on our DTU course to learn more.