Monday, August 19, 2013

August 19, 2013 Market Action

The market opened up just under 1654 resistance
and dropped down just above the 1648 support level
where is found some buyers and attempted a move
to the 1657 level. A 123 top setup  after that and
the market came down giving us a nice opportunity
to short after the 1654 level was broken and held.
That trade was good for about 6 points down to
the 1648 level where the market found support as
anticipated by the nightly update and once again
after that level broke and held we got another
opportunity to short for another great trade down to
1643 for about five points.

Learn how to spot these levels and trade around them
with my setups and the techniques I teach in the ebook
and the DVD set. There are multiple opportunities everyday
for you to make a profit in this market.


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