Web Statistics The Sentiment Trader
Showing posts with label Bullish Divergence. Show all posts
Showing posts with label Bullish Divergence. Show all posts

Friday, 26 October 2012

Bullish Divergence All Round

I went large long overnight in globex, and it proved to be a very good bet.

1) We had the bulls come back quite rapidly by the close today. That is bullish. 

2) The candle at the close today will make a BULLISH SWING day play next week a low risk trade

3) We have a nice bullish divergence now showing on the hourly chart. 



So with these three things in mind, there is likely more up coming early next week.

Have a great week guys and gals.

:-)


WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- 30 Day Trial Offer Today!