The strategic development of prices in the Stock Indices for last week was significant. As a result, I want to review the development and structure that led to an actual trade I took on Thursday. It is not often the Indices give us clear information of a possible move, but all of the events leading up to Thursday in multiple timeframes led to a great short trade.
I hope you will understand the importance of understanding market development’s strategic implications, and seeing the tactical entries that can be used.
DAILY BRIEFING 210227 from Joe Mertes on Vimeo.