We’ve got hurry up and wait for the next 48 hours….
Just say “no” to bottom picking and “yes” to Wave Reversals, and catch a trend switch for a great setup. Here’s how it played out in Crude Oil, XLE, and XOM.
These next 72 hours will determine whether the uptrend in equities continues, the trajectory of gold, bonds, and the dollar and much more. Here’s what I see… also, I’ve included a step-by-step on the Wave Reversal with the all-important DPMR filter.
Time frame is everything when it comes to setting up your trades. Today we’ll look at a recent winner and a new multi-day setup, then one bullish and one bearish intra-day idea for next week.
Stock indexes had an excellent day on Friday and look to extend recent gains. There are some big psychological values to be aware of overhead, and if price can be attracted to them, these are the names I’ll look to for leadership.
