trading for the day until the afternoon when
the market broke out to the upside. Still if you see
the chart below you can see that we gapped up
above the last resistance level, which of course
turned into support. You can see how the market bounced
several times from there and was not able to stay
below it for very long. That is sign of strenght and
would have you looking to the long side. Later in
the day after the break out you can see the dynamic resistance
at 1667.00 was brokine with conviction and a retest
proved successfull for a bounce and a good place
to get long.
With my market timing techniques I can show you how
to get an edge in this market so that when you get in
you can expect the market to move in your direction
almost immedieately, and if it doesn't you cut your
losses to a minimum. I teach this and many other day
trading techniques in the courses. Check out he website
for more information.
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