The markets are consolidating tightly after this morning's gap up. Let's see if that has historically produced a bias into the close. Is the small range today a product of "back to school" attention? Make your comments on this study below.
Day - Monday
Opening Gap Direction - Up
Market Status - Maintaining recent highs
Instrument - ES, RTY, NQ, YM
Trading SetUp - Time Based Entry
Market Trend - Quiet range compression
Trade Type - Long
Entry - 3:00 pm ET
Exit - 4:15 pm ET (Market Close)
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