DRC February 6, 2024 (C+ Day)

Lesson/Review

    

Internals were 50/50 but with VOLD ADD both moving higher strongly at open plus the indices I took my quick long with small size targeting PDH and then once we hit that I waited for a big to see if Mag7 wanted to really selloff and it did selloff hard. I then waited to see when that would subside because the overall market momentum was still clearly to the long side based on the increasing VOLD ADD and indices holding right below their OP while NQ was selling off massively. TICK also only above 0 so longs made a lot more sense than shorts did. I got long again at the lowest FVG from premarket and then had 1st TP at SIBI then 2nd TP at highest SIBI. Worked well and happy I used small size on a nasty day like this. 

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