Consolidation Day, the markets are littered with bad news, but price holds in this supported range. After this past week’s abysmal news on the economy(unemployment numbers), corporate greed(Libor is fixed), and the monopoly game in Europe(Merkel has staying power), the S&P500 is stalling into the new week with a consolidation day. Consolidation is when the…
Risk off Trade is in the purchase of Dollars or US Treasuries, not in Gold. Dollar has been screaming up because of the impending doom in Europe. What is the Risk off trade? Gold, The Dollar Index and the S&P500 emini futures contract are running hand in hand this week as the Euro has been…
Day trading course looking at patterns on multiple markets with selling pressure in the S&P500 emini futures in the pre market I am posting a video to watch with a few charts. Tuesday we will have live trading. Trade what you see and never listen to the so called experts. If you can’t see the…
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