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Price moved down to the 11325 area (low of 312) and did not test the upper price line during the day session. I am looking for this area to hold and a possible move up to the 11560 ish area. If we move below the bottom value area and it holds, then we may see some more substantial downside...

Well I don't call it tape reading. I watch for development of a mean distribution and trade it. I do watch for size to come into the bid and ask via the time and sales.

Here's what I'm keeping my eye on for tommorrow. Watch the 11525 area. If we test it and fail then I suspect we may see a move down to the 11320 area in coming sessions. If we move above, then we may see 11600 tommorrow or better.

In my opinion one of the best tools to scalp with is a background in MP. The best way to scalp is to set up with an ordering platform that plots horizontal volume. I use Tradestation's matrix. I am sure there are others. The session price distribution tells you all you need to know to scalp...