Ladies and gentlemen, we are here, another beautiful August day, observing and remaining patient shall be the name of the game. Hold on to your horses, don't let the devil tempt you into a long as the set up is serendipitously becoming more real.
Multiple Levels of confluence. A rejection at a key monthly level of resistance. The weekly dynamic TL has been broken and retested. Head & Shoulder pattern developing at more key levels. Indicators resting at the 50 level and itching for a bounce.
Watch for a Frankfurt fake out- banks will take out stops and get in at a better price on your hard earned bread crumbs.
I've got popcorn in the microwave and you should too. Market gives to those that are patient, watch how it unfolds over the next couple weeks.
Follow me and swing trade your way to freedom.