Crypto-currencies are now mainstream trading instruments and so I am providing charts here on a weekly basis. I plan to cover just three cryptos: Bitcoin, Litecoin, and Ethereum. The point of this weekly post is to show the crowd psychology behind the price movement to support high-quality trades. BTC broke lower last week and hit the...
read moreMonth: February 2018
Well That Delivered Faster Than Expected
Stan and I are doing our free monthly Chart Chat on Sunday at theartofchart.net. We'll be covering the usual wide range of instruments and you can register for that on our February Free Webinars page. No futures charts or video this afternoon as I tripped over this morning while trying to find somewhere in an unfamiliar city using...
read moreMonth: February 2018
Likely Daily Middle Band Test Next
ES/SPX just consolidating here at the moment, though if there is a break and conversion of the 50 hour MA now at 2841 that would open a test of the open breakaway gap down from 2853.53. In the absence of a breakdown, the obvious next target would be the daily middle band in the 2800...
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