CATALYST Today is FOMC day. The Fed news just came out and it is seemingly positive, indicating that there are 3 rate cuts a head this year. SETUP Trend Reversal. We are coming off a +55 day down trend. With today's announcement, we've broken the trend line. RRR 8.07 PROFIT 12% LOSS 2.55% SOURCE My list
CATALYST We've had an unprecedented bull run fuelled by a strong American economy and recovery. From a techincal standpoint, it seems impossible that it could continue at this trajectory and that it will eventually need to fall and hit the bottom of the channel/rising wedge. SETUP Trend reversal. I entered to early on Jan 24, getting in as soon as support was...