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Update: We saw a form on the daily candle yesterday which could mean a price move up for today candle. I still feel we could see a move down but if we get up to the descending be careful as the price could drop down quickly as it has before. The big boys know that the lower the price is before the cause a "parabolic move" the more they gain so if I were one of them I wouldn't mind if the price kept heading down. A lot of other TA guys out there that I respect are saying we could go lower as well which gives confirmation to this theory. I am loving out our indicators are giving us extra confirmation on this move! Get the indicators we're using below and watch your trading success increase! Get them set up on your chart today and enjoy the profits!
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Martin Long/Short Zones
Martin Momentum Lines
Martin Trend Meter
Martin Stochast Trend
Martin Support and Resistance
Martin Trend Trader
Enjoy life and enjoy trading! :)
This information is not a recommendation to buy or sell. It is to be used for educational and entertainment purposes only.