There are quite a number of patterns that work around the weekly STOPD price levels giving us a solid edge. This one is a classic bearish continuation setup. Net ...
Overview
Emini overnight range 1920.25 up to 1938.50 (at 8:55 am)
Overnight Midpoint 1929.50
Previous Day High 1929.25
Emini S&P is now trading at the top part of its range with ...
Market Internals Update 2011-05-03
After I posted the breadth bias warning last week. Someone asked for some samples of the potential outcomes from history. Here they are.
First one, the one that simply go sideway for a month.
Second one, if there is a turn, it should happen quickly in first 2 weeks of May.
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