Thursday, May 12, 2016

Market Psychology Of A Weak Bull Breakout;

Today we had a very strong bull continuation move to yesterday's bullish end of the day. This was met with breakout buyers looking for continued movement up but we quickly realized that something was VERY wrong with the buy side.

This hugely bearish under toning to the market gave massive clues on where the market was likely to go and following that psychological standpoint gave some beautiful trading opportunities today!

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