Before and After Kabuki Theater
from MyStrategicForecast
Today’s market featured the “buy the dip crowd early on.... They ran down to fill the gap left open from Friday - real quick, never looked back. Summer markets, light volume and we know the path of least resistance is sideways to higher which is what we saw all day long... Everything we need to discuss is in tonight’s episode... There were some divergences and also other markets confirming another leg higher. We’ll discuss all the details including a variety of charts and markets. The analysis found in these videos is appropriate for both beginning Traders and experienced Traders alike. We look at only technical analysis using charts from various time frames using various vehicles. We use only the Candlestick charts and moving averages to determine our next best case scenario.
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