The daily chart of the VIX (see the second chart down) has a bullish falling wedge with a bullish divergence on the MACD. There is also a divergence between the 60-minute chart of the S&P 500 and the 60-minute chart of the...
Read MoreAs a trader I am always trying to stay in sync with the 60-minute charts. They help me keep on the right side of the trade. Friday I closed half my position on the ultra proshares (SSO) based on my analysis posted below. From my...
Read MoreWe got some inside days on the daily charts, which is a bearish harami pattern. If prices close below the real bodies of the patterns tomorrow, the patterns will be confirmed. Thus turning those bearish haramis into three inside...
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