Pre-Market: We're were near the low of the premarket range. +1pivot to the upside is 4193.92, and 0pivot is at 4152.08, -1pivot at 4127.17. Other key levels to consider at 4177.75 which was the top of the CPI candle and where we seemed to top at yesterday, and 4150 which was the high from 4/11. News this morning was good and we have Michigan Sentiment at 10. Depending on if we open below or above VWAP I'd look for an entry towards one of those key levels I mentioned. The plan is likely that if we break to the upside and hold above VWAP we'll likely see a move to the pivot at 4193.92, but we are in an area of high resistance as this was where we topped out last year. I will look fo ra move to test the data handle high. If we break below VWAP I will look for a retest of VWAP and if we had a strong rejection i'll look for a bigger move down to 4152.08.

TRADES TAKEN:

Today was a 1 and done trade day for me. I was originally going to get in at around 9:32 at the 4168.25 level but I got distracted by a work email. This was a large move up and would have worked perfectly. It was consistent with my premarket plan as we broke above VWAP and were holding the level with increasing volume. I got a little FOMO from missing this trade. The actual trade I took was on the first pullback on the continuation to the upside. I got a great entry and had a tight stop of the bottom of the 5min candle. This trade worked in my favor rather quickly and ended up being close to a 10 pt trade. While I could have likely held this trade for longer looking for the pivot target at 4193, I was somewhat afraid of a big red candle down due to being in a resistance zone of the tops of this year's high, not to mention a potential of a rejection at the data candle high. As I did not use the VOLD/ADD/TICK and sectors to take this trade I did not post them. In a perfect wolrd, the trade would have been to get in at 9:32 at 4168.25, and then add again where I got in for a massive trade. However I was happy with my execution on the trade.