Markets Bounce Off Oversold – What’s Next?

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I've talked a lot about trading versus gambling. Friday's market action gave another reminder of why having rules, setups, and exit targets matters.

A good example was a member’s uranium trade, as they spotted a divergence between higher pre-market uranium prices and a stock (CCJ) set to gap lower with the market. That was a trade with edge, not just a gamble. The difference always comes down to process and risk management.
 

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More By This Author:

The Next Upside Targets For ETFs
What FOMO Really Feels Like When You’re Playing The Long Game
Market Update, Targets And New Gold Trade Setting Up

Disclaimer: This video and channel are not financial advice. Technical Traders Ltd. and its staff are not registered investment advisors and are not responsible for their performance.

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