Analysis of the Next Day Bias (1st Nov 2023 Wed)
- Bullish
- Reference to PDH & PDEQ(Prev Day Equilibrium)
#ES_F#DayTrading $ES $MES $SPY $SPX #ICT
The old saying is that the "dumb money" trades at the open while the "smart money" trades at the close.
Since the S&P's last all-time high on 1/3/22, the prior close through the first half hour of trading has accounted for essentially all of the market's decline.
$WR1 $WR1.ax. At glance looks huge!
Looks like average of 161m @ 0.97% with higher grade from surface and strike length so far over 600m already open in all directions
Long waited $CHN.AX had a breakout with higher volume, one of the #ASX#Midcap leaders on 5 Jan 23. Bought at the morning pullback. #PGE#Nickel#Minerals#Mining
The top runner today was a #coal company $BCB $BCB.AX #ASX after a positive news release.
In contrast with 3 big losers $WHC $NHC $YAL
Lets see if $BCB can have a 2nd day run.