I use the S&P versus DOW and Nasdaq in order to cast a broader net across more assets however, the other markets seem to echo similar despite having choice selection of underlying assets. For the last 10 years since the recession pounded the markets, we have maintained a clear ascending channel exhibiting strong support and resistance trend lines.
The trend...
On this Monday morning going into the London Trading session, I have identified another harmonic pattern completed here on the GBPUSD currency chart. The pattern has completed & I have entered my position, you to may not be to late to enter just be sure to manage your risk.
Take a look at my charts and compare them with yours, if you have any questions about my...
Whats up Traders -
Just another installation of my take on the tea leaves -
Support at some obvious levels after the china tarriff news . . . 50dma held plus was in the vicinity of some previous resistance levels.
Id like to see those support levels break down to prove an additional short towards 283
Currently, out of the SPY fun and waiting for some more information
