The US markets propelled higher on a nice short squeeze Friday. We have now reached a daily resistance area that is an important make or break area (see chart ). Internally, the market continues to look unhealthy. Mutual fund cash levels have been reported at an all time low. Past occurrences have led to 2 [...]
This week we continue to look at the YM and Gold from a little different perspective to find some surprising reasons why these markets are trading where they are. Check out the analysis using the MTPredictor Elliott wave and Fibonacci trading software for stocks, commodities, futures and forex. Also, sign up for the free MTPredictor [...]
Thursday’s MTPredictor Elliott wave and Fibonacci trading software webinar for stocks, commodities, futures and forex has been recorded and posted here. It includes today’s YM trades and a continuing gold trade that we have been following. VIEW THE WEBINAR RECORDING HERE MTPREDICTOR™ TRADING SOFTWARE Control your Trading Risk in 2010 and win… Find low risk [...]
The Dow sold off last week down to its daily Decision Support area at 9936. Although the bounce may continue into this coming week, the stock market continues to be on shaky ground. We have had several additional Hindenburg Omen signals. Although more signals does not increase the likelihood of a market crash, it does [...]
Here is the information for tomorrow’s webinar. Things are beginning to get interesting in the markets and you will want to know how to trade like a professional in these times. MTPredictor Webinar This Thursday, August 12th at 4:15 PM EST https://www1.gotomeeting.com/join/283868760 We will be focusing on finding low initial capital risk trades and the [...]