A Consolidation Trade ($TDC)

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During SMB’s most recent The PlayBook Checkup with Bella we discuss: A Consolidation Trade ($TDC). This is a basic intraday technical analysis pattern that every developing trader should learn. We discuss:

  • Who cares what $MS thinks about $TDC and how this should affect your trading? A 52-week high is more important than an intraday high in $SPY
  • A news pattern that can lead to a gap fill on the Open
  • How to put together an important longer-term technical level with a short-term technical level to improve your win rate

You can be better tomorrow than you are today!

Mike Bellafiore

One Good Trade
The PlayBook


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