Fwiw I am starting to take range trading positions on the DOW on each spring, as we are moving to an environment where fundamentals start to rein again and mean something. In the past 2 years, bad news was good news due to stimulus. Good news was bad as it indicated unwinding. Now it's nearly over, I favour the reversal and technically it looks to be setting up. This morning had a short at 17200 with a 50 point limit, and it was gone in an hour. As. You can see where it's trading now, you will note the bounce and it's hovering at the halfway point
either way I reckon it's range bound for another 2 months. So do some learning how to trade that with tight stops and you can have fun
dont hold old imo anything longer than a day or 2 as the fast pace will hurt you like it already did
