Archive

Monthly Archives: October 2020

October 5, 2020

Don’t Call It a Comeback! (3-Leg Trading Strategy)

Don't Call It a Comeback! (3-Leg Trading Strategy)

Our favorite markets didn’t waste any time getting this 2nd week of October started with a bang today…

New developments over the weekend, combined with last Friday’s strong jobs report sparked the initial rally, which didn’t end until buyers had run three legs higher, finishing the session going sideways near their highs…

The big clue is the three-legged-move on the chart, telling us to expect range-bound markets going into Tuesday, and giving us a clear roadmap to find the best entries and exits. The plan is quite simple, let’s open the charts and take a look…

Continue reading