So Far This Market Is Unfolding Exactly Like Last Time. So What Happens Tomorrow?
This market has followed the same pattern that we discussed at the beginning of the week. That means this is what to look for on Friday.
This market has followed the same pattern that we discussed at the beginning of the week. That means this is what to look for on Friday.
This pattern is very distinct and doesn’t happen very often. The key at this point is to recognize it and not get sucked into the wrong side of this trade.
The shockwaves of the Friday and Monday sell-off in equities has reached into commodities and currencies. Once intact trends are transitioning. In this video, I show you 1) How to read these transitions and 2) How to use intraday Darvas patterns to trade them with less risk.
While the market is still feeling the impact of the move yesterday, there were plenty of ways to navigate around the equities which are still acting outside normal price action ranges. I also discuss how to use and get the most out of the futures alerts.
A video is worth a thousand words — this is how to read the internals to see if there is going to be a short covering rally or a crash.
It’s been quite a day for index futures traders and of all the markets we’ve had our eyes on, Aussie and Canadian dollar, crude oil, and gold, these are still trends that are intact or testing levels of the trend. The index futures did look interesting early in the day for a bounce, but by … Read more