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Don’t Go Short if This One Thing Happens

Market Bullback Was a Masterful Shakeout and Setup!

What’s a bullback? It’s a pullback where the bull herd just backs up and then charges.

A lot of traders were feeling vindicated in the pullback early last week, because the market “shouldn’t” be this high. But there are no “shoulds” in this business. There is only what “is.” And if the market xxxxxxxxx xxxx xxxxxx xxxxxx xxxxxxx , it will probably do a lot of things that most traders, particularly those of the bearish persuasion, think shouldn’t happen. So here’s what to beware of. Non subscribers click here to access.

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These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

Posted in 2 - Technical Trader