Quote of The Day "The more you talk about investing problems, the worse you feel. Instead of complaining, it's better to do something."
-- Ken Fisher |
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Price remains a bit pulled back... For now. It looks to me to be preparing for an assault on 2800.
SPX Daily |
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ES Daily Chart As of 18 June 2018 The daily ES chart continues to show amazing resilience... |
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ES 15 Minute Chart As of 18 June 2018 Click chart below for day's recap...
The market looked set to fall apart based on 45's baiting the rest of the world into retaliatory trade tariffs.
And then the buyers showed up. |
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Bias Trades 2 opportunities today... 1 short and 1 long. Which do you think paid off? |
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| At the outset, things looked good from the short side... Price had popped enough to enter short and looked ready to challenge the lows again. |
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| Unfortunately the hourly structure had different thoughts about the likelihood of a down move.... |
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Fortunately, the long structure proved out... and I convinced myself to take the long signal when it fired.... And the market did the rest.
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| Summer Of TAOST Bias 50% win rate today... But still profitable.
Also... how to make your returns "infinte."
Click the image below to watch a video recap of today's Summer of TAOST Bias result. |
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Today's TAOST Stalk Candidate
IRWD looks to be in a strong price pattern on the weekly. Whether a Cup With Handle formation or a Bull Flag, price looks set to go. |
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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