Preperation for 5-10-2016
I initially only drew the outer lines. I do not want to draw too many lines but I really felt the additional line at 2144.20 was necessary here. However that means I can't trade that narrow range, and I can only trade the bottom range if Maximum Range Breakout (MRB) + range is more than 5 points. So be it.
![S&P500_05_10_2016_Preparation_Day.jpg S&P500_05_10_2016_Preparation_Day.jpg](https://www.trade2win.com/data/attachments/119/119124-fedf5a4795af92b6aefa8264f0665591.jpg)
I initially only drew the outer lines. I do not want to draw too many lines but I really felt the additional line at 2144.20 was necessary here. However that means I can't trade that narrow range, and I can only trade the bottom range if Maximum Range Breakout (MRB) + range is more than 5 points. So be it.
![S&P500_05_10_2016_Preparation_Day.jpg S&P500_05_10_2016_Preparation_Day.jpg](https://www.trade2win.com/data/attachments/119/119124-fedf5a4795af92b6aefa8264f0665591.jpg)