On today’s video you will see the market opening down quite a bit to 1337.50 (down120 Dow points on the open)…let’s see if the first area of retracement confluence holds between 1336 and 1330. If the market closes below 1330 the market could get back to as low as 1300 before the next major bounce to the upside.
You will also see that all three profit objectives were hit nicely to the upside on ONXX Pharmaceuticals on Friday with the big run up. And finally the British Pound / US Dollar Forex currency pair is real close to setting up for a long trade at 1.6033 – it got within 17 pips of getting us filled to the long side…let’s see what happens. Have a profitable day and I hope this helps.
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