buy-sell

buy-sell
RISK DISCLOSURE: The risk of loss in trading commodity futures contracts can be substantial. You should, therfore, carefully consider whether such trading is suitable for you in light of your circumstance and financial resources. Any advice or information on this website is general advice only – It does not take into account your personal circumstances. Please do not trade or invest based solely on this information. This information is purely for educational use only. Past performance is not necessarily indicative of future results. Trading is not suitable for everyone.

Thursday, May 16, 2019

Lower low on weekly chart expected soon

According to TD setups rules (T. Demark technichal analysis) lower low are expected:
We have printed today bar no. 9 of a TD buy setup. But as you can see the lowest low was printed during bar 6... This is not sustainable according to the rules.... before we can continue higher... we will need to undercut the low at 2801 SPX (cash).
So careful with longs!





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