By: Scott Redler
Last week was the most calculated trading week of the year.
Last week was the most profitable week for traders using chart patterns.
The recent market action tells me we will see 1,175-1,185 in the S&P before we see 1,100 again, and 11,000-11,200 before we see 10,000 in the Dow. In our recent poll, 32% of T3Live users thought that we would see new 52-week highs for the S&P by the end of March!
All of this before May. The year of the market timer…we are in the same spot we were at in January, and about the same spot we were at 10 years ago. This is exactly why you must learn to time to market in this day and age to navigate successfully through all the chaos.
