Today we have the S&P 500 working lower from the highs but in mostly a range overall on the day. This means we are looking to buy low and sell high and assume most breakouts will fail.
We end up showing a wedge right towards the bottom of the range looking for a breakout move before buyers will likely buy into the breakout assuming failure causing a nice little drop!
Test-Drive our Advanced Membership Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier trade-room as an Advanced Member