Hey Guys!! So Dora decided to double up this last day and I feel Like its still very buulish. I trade the futures so Whatever way it rolls im rolling with it, but Have to say looking very bullish right now!! 2 Hour Chart Happy Trading!!
The S&P500 is consolidating in a diamond pattern, and there's a decent chance OANDA:SPX500USD futures will pull us down lower during the Globex session. The NY close demonstrated selling pressure in the upper yellow zone on the chart; an area where sellers have profited from selling before. The VZO-PZO below the chart shows falling back into the diamond will...
Straightforward as it can be. Long if support is gained.
While we close out trading for this week, there are many questions, such as with all the current uncertainty, why there isn't any considerable rally in the Gold market. Even Fridays price action has just taken the market back to the $1350 price level, nonetheless beneath the $1362 figure established earlier. The answer is: there has been extensive short covering...