There is almost a certainty of range expansion outside the extremes of the December auction. I would be surprised if it doesn’t begin before the next blog update. The ideal trade strategy at this juncture is to look for the Initiative break away from the HVN, which at this time applies to any/all of the indices.

 

ES

es

 

SPY

spy

NQ

nq

QQQ

qqq

TF

tf

IWM

iwm

YM

ym

DIA

dia