A washout in the SPX500 would have led to a temporary bottom. But instead, the daily SPX500 has morphed into a triangle. 3980 is still possible.
Taking a on a range breakout play to the downside. Stop above the high of the day. Hopefully we have some acceleration to the downside
Now Brexit is done and over (pretty much), US FED to turn the printers on for a couple more years yet and UK on WTO terms. UK looks like a good time to buy UK Indexes, clean energy, and the pound sterling (GBP/USD)
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysis
Was wrong about the bounce on Friday... Well not completely wrong, but I didn't capitalize on the uptrend early in the day. Capped off a poor trading week for me as I was trying to will the market higher. New week, and expect it to be noisy. 2993-2960 seems to be the area of interest this week. I think the line in the sand for the bears is the high from...
Short. Stop @ 26780, TP 26715