We have received a number of inquiries about the pounds action post Brexit. In this video we show what transpired, and how it will take some time fro the shock event to digest so that we can get back to a predictable market posture.
CF Industries (NYSE:CF) has been pummeled in recent months, and is nearing what should be the formation of a sustainable bottoming pattern.
The Brexit vote has brought a lot of volatility to the markets. In this video, we walk through some of the fallout from the vote and what it means for the markets.
Western Digital Corp. (NASDAQ:WDC) has been pounded by the Brexit selling and this has taken price back down into the Ivory zone. We will be watching to see how this stock reacts to this liquidity pool, and will take long exposure once this wave of selling confirms that it has exhausted itself.
The S&P 500 index proxy (SPY) sold off hard as a result of the “Brexit” vote, then formed a 100% retracement. We still see one last phase of bullish energy, perhaps driven by central bank intervention before this market can top out for good. We are monitoring the situation and will update you as…
Micron Technologies (NASDAQ:MU) has shown how important it is to take profits into the highest probability liquidity zones. Now that the blue zone has been tested, the selling pressure brought in by the Brexit vote in the UK has reversed the short term trend and has pushed price back down towards the green zone.
The S&P 500 index proxy (SPY) has sold off hard as a result of the “Brexit” vote. We still see one last phase of bullish energy, perhaps driven by central bank intervention before this market can top out for good. We are monitoring the situation and will update you as this cycle unfolds…
Western Digital Corp. (NASDAQ:WDC) has been pounded by the Brexit selling and this has taken price back down into the Ivory zone. We will be watching to see how this stock reacts to this liquidity pool, and will take long exposure once this wave of selling confirms that it has exhausted itself.
The Silver Proxies (NYSE:SLV) power has been degrading badly in recent sessions, and this allows us to forecast that the chances for a bullish breakout are slim at this time. It’s time to bank our gains of 18%+ and free up that capital for new trades in the future…
