Sunday, November 23, 2014

Gap and Crap

Hello big gap -- not surprising...

Big 20ish point gap up open killed the shorts.

But the open drive 16 handle perfect trend move down killed the overnight longs.
Intra-day: Nice 11:00 zone transitional structure low, trade of the day.

Daily: Now this market has excess at highs and we decipher if a fresh auction is starting to the downside or not.  We point out research that indicates an edge that it might just do so!

A trend move unfolding on Monday would be a go with hold trade to try and capture a larger trend move.










No comments: