To day trade an attention pop or not to trade post.
AMEL Oops, just ran like crazy the last 15 minutes, to end high for the day, above resistance. Wouldn't expect high finish continuation if dark master blew his wade EOD today. Kind of says he accomplished what he set out for. Price and volume attention pop in 2 days.
So if my experience holds. And dark master is done. Pro day traders, which always show up on emotion pops, and the pennylanders buy at bid. So the herd will take the price down 9:30 to 10:30 for a reload and the pro's will run it to lunch. Then the retail herd is left on their own. Since the dark master accomplished what he set out to do the day before and the pro's got their rush hour swing trade. They shouldn't be there feeding any run for a high close EOD again and the retail herd will buy the bid, to end of day.
Let's see!!! I now expect to see a high candle spike day tommorrow. Possibly finishing red. Not a good day to day trade. Unless the rush hour runs instead of dive as I expect. Then day trade; as dark master is still around, if it runs in rush hour.
Your looking for an open run, to day trade or open retrace, to not day trade. Unless you try to "do what the big guys do" (daytraders) . Should know before 10 am. Don't recommend a novice try to follow day traders. Unless you know how to see the tic by tic reversal signals. IMO beginners should just stay clear of an open retrace day after a huge pop day.
