This inside day could have an exciting close for the NASDAQ.

08/28/2020 02:25 PM - By Matt Ratliff
The markets are forming an inside day as we approach the close into the weekend, let's test that that pattern.  Don't be in a hurry to start your weekend.

Day - Friday

Opening Gap Direction - Up

Market Status - The morning up gap was followed by some consolidation, leading to an inside day.

Instrument - ES, RTY, NQ, YM

Trading SetUp - Time Based Entry

Market Trend - Still in a Bullish trend after yesterdays new 52 week high.

Trade Type - Long

Entry - 3:00 pm ET 

Exit - 4:15 pm ET (Market Close)



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Matt Ratliff