Thursday, August 10, 2017

RING RING RING

That's right, I'm ringing the bell.
 1 yr.
 click to enlarge
Note the repeated negative RSI divergence. 

5 day
click to enlarge
Winding up for a (3) of -3- down? 
If the -3- is  2.618x  the -1-  it will take out the previous support and lows at 2400.

Oh yeah almost forgot;
The highs on Tuesday were part of across the board Key Reversal Days.

And then there's this; Consumer Comfort Reaches 16 year High


The risk of trading futures and options can be substantial. Trading foreign exchange and energy derivatives carry a high degree of risk, and may not be suitable for all investors. 
The above is merely an abstract theoretical discussion mostly for my own entertainment, not trading advice or a recommendation.


No comments:

Post a Comment