Opis
⋅ Markets imitate life, life imitates the balance between good and evil.
We walk forward into Q1, current market structure, sentiment and timing.
Komentarz
⋅ Not having a pull back in the last several trading days has started to put us into overbought territory. The correction might come sooner...
Komentarz
⋅ The trend reversal is building and 1 hour resistance has been leading the action.
Komentarz
⋅ Here is the 1 hour resistance that I have been using to make good short entries.
Komentarz
⋅ One 1 hour sell signal has re-materialized from after a double top
Komentarz
⋅ The top continues to build and the Iran news was the catalyst we needed.
Komentarz
⋅ Daily support broke , this usually is a signal
Komentarz
⋅ We tested and held our major trend.
Komentarz
⋅ This market may have just gotten started. I am targeting 3380 for January.
Komentarz
⋅ My initial break out call and prediction are playing out exactly. Sometime you just need to stick with your first call.