A sloppy market to start off Options Expiration week. A sell-off this morning to bring price into a consolidation range from the previous session. An early morning rally up to
R1 showed off a momentum divergence on the highs of the day. The rest of the day was just chop around vwap.
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At the start of the day, while most things were red, I found APOL with some bullish momentum behind it. The major impulse move in the first 20-minutes was corrected in a quick and tight flag pattern, while the two topping candles gave a bearish divergence. Entry was based on a
"First Cross" trigger indicated by the first green dot at the bottom of the chart.
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