Friday’s Results: The suggested short picked the top of the market and ran for 26.25 points to the next volume level.
Quick Tip: Trust or Fear?
Friday was a brilliant day for our Volume Profile strategy. Four solid winners, one small loser. Looking at the chart above, price was fast approaching our suggested short level, which originated on June 9th. Would you trust it or be fearful?
Ten minutes later, where we have our final profit target, the plan says… go long! Would you trust your plan or be fearful of losing some of that awesome gain?
To trust your plan, you need to have a complete, personalized, and evidence-based plan (8 major components). It should be in harmony with a broader trading philosophy.
If you want to learn more, our FREE “Ultimate Personalized Trade Plan” class has been updated with PAIDtm methodology (Plan/Abundance/Investigate/
Today’s Best S&P Turning Points (in fast moving markets consider a wider stop and less size):
Sell 3994.50 stop 4000.25.
Buy 3962.75 stop 3957.00.
P.S. This is your only opportunity to attend the new “Ultimate Personalized Trade Plan” class for FREE. The tuition afterward will be $197. Grab this gift now!