/YM for 7/22

How I would trade this

1. Gap play in the morning
1. Buy the first hammer/color change on the TTM trend
2. If gap up less likely to fill
3. Gap down is a gift and will likely fill

2. Trend line is showing upward momentum

3. In the extended trading session we are seeing that R1 of 15525 is holding we also of the high of the previous day at 15535
1. If price breaks both I would see how price action reacts and determine if we can move up to 15573

4. Once market has settled I would start to play the ticks
1. See how the tikis are effecting the markets and use TICKs as confirmation
1. and use pivot plays depending on price action

Notable News releases

1. 10:00am-Existing Home Sales