Month’s Theme: A rally along a diagonal trend line. We’ll break through horizontal resistance to meet a secondary resistance before pulling back to somewhere between those two price levels.
Behavior Around the High: A decline off of the highest high that offers an opportunity to open a long position.
Behavior Around the Low: A period of sideways rotation establishing support followed by a big move off of the low standing out on a one-month chart.
Exclusive Trade Opportunities for Subscribers:
An opportunity to open a long position either on the 3rd or the 6th. I would close that on the 6th at a high.
An opportunity to open a short position on the 7th. I would close out of that at the end of the day on the 7th or first thing in the morning on the 8th....
....Subscribe to paid monthlies for the full video with best trades and day-by-day chart behavior.
Comments