After reaching the break-even of the previous trendline and the end of the 2-leg with the first correction, we are waiting for the continuation of the downward trend until the next breakeven.
Boy I must admit, I sure do miss dealing with these spread markets. Far less time effort and less stressful then intraday trading outrights, that is for sure. Shout out to @NorthStarDayTrading for the awesome Auto Support Resistance Indicator. I love it!
GLHF, TRADE AT YOUR OWN RISK!
I identified the price action of this pair appears to be forming a bullish 3 drive. wait for price retracement ChristopherTrades Entry price: 113.35 Target price: 120.55 Stop Loss price: 112.325
Squeeze is tight, RSI and MACD headed up. Look for a breakout. BUY SIGNAL
I feel like this is the big short or something. Cattle getting crush to a pulp. Big money just playing with the chump traders. Absolute low on major trendline is 96 but we are on a big fib.
LEis forming a bump & run formation, followed by big insider buying in July. also looks like a potential fallen angel pattern. We think it will start moving higher from here. For entry we would prefer if it declines a bit to 15.10 or closer. Our first target is 16.93, just below 23.6% fib level. You can check our detailed analysis on LE in the trading room/...
LANDS' END, INC.
Bull run looks over. Likely bounce on trend line and s/r confluence btwn 166.70 - 165.33. Then target 159.93