US technical recession confirmed with Atlanta Fed GDPNow data indicating retraction in Q2, two consecutive negative GDP prints. While US stock markets have already experienced the worst first half of the year in more than half a century. Typically in a bull market, this would signal the bottom of a retracement is already in or nearby. Unfortunately, this isn't a...
Price Action Broke through C leg of the ABCD pattern. Currently short and looking for a retest of D leg, which will set up a triple bottom
Short under 43.20 on gap fill under 50ma to continue recent Slide $EDZ
This is my buy/sell range based off fib retrace and fib time. I took a short position Friday as the S&P was still in Green around 10:00. Swing trading $VIX $EDZ based off of price action and charts. Of course this is a short term play. This coming week has heavy economic data coming from many countries. This bounce took place without much economic data reported,...