Subject: TAOST Daily Wrap For Wednesday 18 July 2018 - TAOST ES Power Zones Wrap

TAOST Wrap
Wednesday 18 July 2018 
Quote of The Day
"The problem with most trading approaches is not whether or not they work.  As a general rule they can work if applied correctly... 
IF applied correctly." 

-- The Trader

It's the human machine that fails more often than not.

ES 15m
Price tested TAOST Balance Zone and delivered the day's best trade setup to the upside.

Click the chart for a video review.
SPX Index Daily
Price continues to extend its run after breaking out of the triangle pattern.
SPXL [Leveraged SPX Index] Daily
This is why trading leveraged ETFs is a good idea for some folks.
TAOST Bias 
Results have now kicked back above the previous high..

Click to see Bias Trades... 
Chart of The Day
Caterpillar [CAT] is today's chart of the day...
 
Caterpillar shows lower highs and lower lows on the weekly chart, but it's hard to say that the stock is headed lower given the strength of the move to the upside.
As always, make up your own mind and mind your risk no matter what you do.​​​​​​​

KIS,
The Trader​​​​​​​​​​​​​​

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