Typically I start on the 1st of the month but I clearly know that’s a weekend so we have to opt for Jan 3rd which is the first Trading Monday.
Do not include Sundays or Saturdays when counting back 20 days.
If you started on January 3
20 days back Dec 6
40 days back Nov 8
60 days back Oct 11
Find the highest high and lowest low within each data range.
Once you get that use Marco info to give you more directional bias.
Mark off your most obvious PD arrays out within the premium and discount range of each data range.
If you follow all those steps you have set yourself up to see the larger picture the market may present for the month.
Do not include Sundays or Saturdays when counting back 20 days.
If you started on January 3
20 days back Dec 6
40 days back Nov 8
60 days back Oct 11
Find the highest high and lowest low within each data range.
Once you get that use Marco info to give you more directional bias.
Mark off your most obvious PD arrays out within the premium and discount range of each data range.
If you follow all those steps you have set yourself up to see the larger picture the market may present for the month.
