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Freaky Friday Wrap Up
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Freaky Friday Wrap Up

Freaky Friday Wrap Up

by The MoleNovember 3, 2012

Friday’s session is a great opportunity to once again cover a systematic sell off. By watching the Zero signal we once again can derive important clues as to whether buying interest is present and about to step in. In yesterday’s case we witnessed a complete lack of buyers right after the inside crew cashed out at the top:

I think the video shows it very nicely. There was a moment mid-session when I would have been tempted to be long but the inability to capture VWAP suggested we would continue lower. Also there was no divergence – the signal was pointing up a little but so where prices. Then we failed at VWAP and it was red candles for the remainder of the session.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.

Cheers,

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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