The markets have improved, but mixed signals remain and if there’s one thing I can guarantee, it’s that volatility will continue for a while yet!
That alone will give us trades provided you know how to play them. I mentioned QIHU recently in this respect and reference that chart again in today’s video.
There are other stocks worthy of mention today, namely TWTR, SLB, HD, X, and CMG.
Gold is in a medium term cup and handle with a decent OVI, while at the same time the indices have bounced off their lows. Typically Gold will move inversely to the indices. Yet, while they have bounced, Gold has gone sideways. This suggests the market really hasn’t made up its mind as it’s not prepared to let go of its traditional safe haven.
Again, the outcome of all this will inevitably be volatility, and so it’s time to show you how to play that like a professional.
More about that this weekend.
