Hopefully we close above the 50ema today, otherwise we'll be opening bellow it on Monday.
I believe we've already broken out of our "bear" market.
Using the Volume Profile indicator, I've found key areas where price reverses its trend. Every dip bellow the POC has been followed by large growth. Considering SP hit a 2 month gain of 104% after it dipped bellow the...
Sometimes it can be hard to see visually where the current price might be in terms of a longer term trend and whether the price might be at the top or the bottom (or the middle) of its range.
Depending on how you trade, you might want to dive in and look for a short term opportunity, or you might want to wait a little while for a bigger pullback and take a...
