If we get a retest of prior highs, there is a big chance to get short for a long-term move down.
This pattern is based on long covering at an important price level. Wait for a false break or any kind of weakness.
For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: http://bit.ly/1ba2SPJ
This pattern is based on long covering at an important price level. Wait for a false break or any kind of weakness.
For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: http://bit.ly/1ba2SPJ
stockSMASH
Took profits on C at 50 SMA thank you for your post on the fake breakout. Looking to Short SPY as it has exceeded your entry point for fake breakout. You were spot on on US Oil as well. Thank you Thoughts on market into January?
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