Monday Wrap Up
Monday Wrap Up
I know I start to sound like a broken record but it’s been a beautiful day for the Zero:
Clean signals all day – on both sides. Zero Grande kept us long in the morning and Zero Lite got us out at the top. Watch those divergences – I wish you guys could have seen some of it as they are hard to convey after the fact. The first arrow on the right side is an example of that – the signal line was already pointing up while the tape was still dropping. Got in there right away and rode it up for a few points. Then we had multiple divergences at the peak – which I think is clear. Finally, we had a divergence when the MMs pushed the tape back to 766 – Zero Lite remainded flat.
It’s been a fun day and I told everyone to take profts at the close as I expect the MMs to push the tape around tomorrow morning. It seems however that the Zero Lite loves expiration weeks as it clearly shows us divergences (which are mostly market maker induced) as they develop. Call it our anti-dote to MM monkey business – mmwwuuaaahhaaahaaaaa!!!
Shop smart – shop Zero-Mart 🙂
BTW, obey!!