Are You Seeing This Reversal? (Am I Crazy?)

  • Strong move down with a measured-move overshoot into a trading-range.
  • This rotation off the low suggests this market wants to go higher.
  • Bulls want to reverse the trend and run back to the range around 1735
  • Bears want to finish the test of major support at 75.9 and maybe more.

Best Trades for Tomorrow:

  • [UP] – Nested failure to sell (or) 123-breakout to buy
  • [DOWN] – nested failure to buy (or) 123-breakout to sell
  • [SIDEWAYS] – sit on hands, wait to buy low, sell high with failures
1 2
View single page >> |

Disclaimer: Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.