I spent the weekend reviewing 3000 charts so we’ll be adding some new trades today. There are more developing if and when these ones get themselves to breakeven or better. Today was the official end to the US summer holidays. A time when the serious traders get back on board and renew the trend of the market. The technicals still suggest caution is warranted even though price may attempt to poke its head up above recent highs. Bearish divergence is still at hand so it may well be that we continue in this sideways band for the coming week or two. I like the looks of some of the base breakout patterns posted herein and will be using slightly wider stops to stay away from the noise.
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Phone: +617 5473 5743
Suite 1/ 21 Sleepy hollow Drive
Noosa Heads QLD 4567
AFSL 288200
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