Market Recap: The Consolidation Has Begun

Name: Market Recap: The Consolidation Has Begun
Uploaded: 2024-04-29T16:48:33.656177
Channel: JoeRodTrades
Description: We closed the day just 2 ticks from the open. That is the definition of consolidation! There was one setup to speak of and I think it was a pretty high probability one. The opening gap acted as a magnet to give the setup more conviction.

Micro E-mini S&P 500 Index Futures (Jun 2024) (CME_MINI:MESM2024)

CME_MINI:MESM2024 Micro E-mini S&P 500 Index Futures (Jun 2024)

Trend Analysis Chart Patterns Technical Indicators

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We closed the day just 2 ticks from the open. That is the definition of consolidation! There was one setup to speak of and I think it was a pretty high probability one. The opening gap acted as a magnet to give the setup more conviction.

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