Trading Note #3: Intra-day bottoms

Key takeaways:

  1. When an intra-day bottom has hit, it should be _OBVIOUS_ that that _IS_ the intra-day bottom (i.e. prolonged plunge to the 'low' level)
  2. High/lows due to spikes up/down in the first 1 hour of the market opening, should be ignored.


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