Seasoned traders will know the influence USTECH has on world stock indices and several forex pairs.
I'm seeing something that I did not quite expect. I stick my neck out. But note that this market is not a true market. How? It is well known that it is artificially inflated by the influence of a powerful body called the FED. If you don't know the FED, stop trading now.
I show two paths based on 'theory of curves' and what I would normally expect. I am there to be proved wrong by the markets - all the time.
Newbies focus on being right, and how right they are. Seasoned traders embrace being wrong, and limiting how wrong they are. Yep - that's a very big difference.
So - we'll have to wait and see what happens next. No choice.
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Yep it happened
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After thousands of hours studying charts one can get an idea what the probabilities are in price action. The price movement you see in this chart was based on no system of trading. The blue and red curves (theory of curves) tracked the price action. That's about it. Originally I showed how the price action appeared to be weakening.