CI in Sell ZoneMy trading plan is very simple.
I buy or sell when at least two of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in selling zone at top of channels
Stochastic Momentum Index (SMI) at overbought level
Money flow momentum is spiked positive negative and over top of Bollinger Band
Target is lower channel around $288