I need to filter out my intraday swing trades and only trade in the direction of the market. So I will be doing series of posts studying intraday swings and conditions preceding them that can be identified in the future.
Below IREN signals a short right as SPY gets its first red candle of the day. In situations like this always enter.
Here META is a good entry because its signaling a short in a market that has gapped down and is failing to retake the gap.
Also notice both signals worked because they are aligned with SPY direction.
And below is exactly the opposite scenario: a long in a trending down market.
