Day traders' weekend lounge May 6 - 8, page-67

A bit of bottom dwelling while searching for scalps in this challenging market.

I always love the pips gained when SP's close or wick well below bollie bands. Here's a couple that may provide trades if you're only looking for daily wages.

QPM.


You can see that wicks outside in the past has always resulted in positive movement.



PGO.




PTX


Has always offered 15% trades from wicking below bollies.



CDT


With that gap at .039 acting like a magnet you'd love to see it close and be a great spring back inside bollies.



Nothing guaranteed of course but just another way (and simple way) of scanning out potential income trades.

Cheers