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Linda Raschke
@LindaRaschke
Private Trader, Retired top performing hedge fund manager, in New Market Wizards, 2024 IFTA Lifetime Achievement Award. Street Smarts & Trading Sardines author.
Joined March 2009
124 Following    139.3K Followers
Check out all the NR7s in assorted markets for today. Remember, NR7/ID does not imply a breakout or trend day. Watch early volume. If light, it leads to a very choppy day - as in further consolidation after a big move. This can be called a "bracketing market" where the market does morning price discovery and often whipsaws in both directions.
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