Get Dry Powder Ready for a Move
by Tony Rago
Bands are getting tight on the hourly chart. That means a move is coming, and we just have to be patient.
We've had a very choppy, headline-driven July so far. Today is the original end of the tariff "pause" date, so I'm expecting at least a few more headlines to that end.
Regardless, we have a clear range that we need to break out of. It's up to us to "go with" price when it decides to break. And that could be an upside break or a downside break -- we have breakout and breakdown levels in the Playbook.
Be patient, be objective, and do not trade for the sake of trading. Check in with the Pre-Market Playbook, it's right here as a free download...
