March 13, 2013
- in Uncategorized by schooloftrade
Mini-Russell Chart Prep
 |
| Mini russell day trading |
We can see
the Mini-Russell anchor chart has new higher-highs this morning and a great
example of an inflection point using the highs of the bull price-channel as support
as it moved higher. This tells us that
the buyers have effectively ‘shaken-out’ the sellers and we will expect prices
to keep moving higher to the next major resistance area overhead.
the Mini-Russell anchor chart has new higher-highs this morning and a great
example of an inflection point using the highs of the bull price-channel as support
as it moved higher. This tells us that
the buyers have effectively ‘shaken-out’ the sellers and we will expect prices
to keep moving higher to the next major resistance area overhead.
 |
| Mini russell day trading 2 |
Symmetry set-up
overhead tells us where to take profit on the buy-side, and where to look for a
price-reversal and a possible counter-trend short trading opportunity.
overhead tells us where to take profit on the buy-side, and where to look for a
price-reversal and a possible counter-trend short trading opportunity.
