1) Long term trend is up given by the 89 day sma over the 89 week sma.
2) Recent price action has created a great opportunity to trade with the trend!
3) Spike in volume.
4) Fractal momentum has reached a maximum to the negative.
5) Fractal acceleration has turned positive.
One could buy the future contract or short the put option for a more conservative approach.
Trading futures and derivatives involves serious risk of financial loss and may not be suitable for all investors.
2) Recent price action has created a great opportunity to trade with the trend!
3) Spike in volume.
4) Fractal momentum has reached a maximum to the negative.
5) Fractal acceleration has turned positive.
One could buy the future contract or short the put option for a more conservative approach.
Trading futures and derivatives involves serious risk of financial loss and may not be suitable for all investors.
Comment:
We now have a double bottom forming.