Log In    |    Join for FREE
Unlock Full Access
DaytradingBias on Facebook DaytradingBias on Google+ Follow DaytradingBias on Twitter

MBO Issue 61 (Jan 2017) Here Comes Volatility

By Lawrence  

MarketBiasObserver

Content

  • Review
  • Euro at Critical Make It or Break It Juncture
  • S&P Year 2016 Deja Vu
  • Gold First Attempt to Break Its Monthly Down Trend
  • Big Picture Summary

 

Review

Euro flushed several times to its low of the year fulfilling the expectation of attempting to close at the low of the year. It also dropped from the perfect resistance zone from last swing low.

S&P chosen upside breakout and tagged the former upper resistance line. The breakout play target based on STOPD tagged.

GLD bottomed at exactly the falling wedge / 3 pushed down former resistance line as its support. Chart pattern working out as expected again.

Overall, aside from very low volume trading across all the major markets, everything happened following weekly and higher timeframe formations.

 

(premium member only content below)

 


Part of our premium service, login now or upgrade your membership to view this report

Share


Sign up now will grant you the rights to:
  • Unlimited access to all of our premium articles
  • Continue access to new premium content
  • Monthly newsletter on S∓P500, Euro & Gold outlook

As a paid member, you also get our daily market updates:
  • Proprietary swing trading signals
  • Our famous 3-Day Pattern odds analysis
  • Intraday Cycle Projection
  • Market biases & trading setups relevant for next day

Premium membership access. Extremely low monthly membership dues. Cancel anytime.

Comments
Premium content comment area availble to premium members only
Upload comment image

Brokerage Deals for Premium Membership

apex-logo-180x32

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
Please read full disclaimer here.

Connect

DaytradingBias on Facebook
DaytradingBias on Pinterest
DaytradingBias on Google+
Follow DaytradingBias on Twitter
Subscribe DaytradingBias News Feed
We accept Bitcoin here

As Featured In


© 2015 Lawrence Chan / DaytradingBias.com. All Rights Reserved.