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| From The Desk of The Trader |
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Financial Freedom HQ Monday 4 December 2017
Good Morning Friend:
I wanted to send you a followup to this chart this weekend, but got distracted by the retail piece. |
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| This setup definitely proved fruitful... It would have delivered approximately $1,500 per contract. |
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| Interestingly, the bounce that started Friday after the selloff has continued this morning... Ostensibly because the Senate tax package got passed late Friday night. |
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| I think the potential for a selloff is actually higher now (a little "sell the news"), so if it sets up... and as long as it's low risk... Have at. |
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| On a different note... I thought I would show you guys a picture of the intraday chart we watch everyday. The zones you see are market generated and it's the levels against which we trade all morning. The overnight gap is indicated on the chart along with arrows showing multiple tests of TAOST Hi Power Zone. The last arrow looks like price ultimately failed against that resistance and started lower. |
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| OK... Time to go get ready to actually use this info...
Hope it's helpful.
KIS,
The Trader
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