Boomerang Tuesday Wrap Up

I wasn’t about to cover today’s session but when I ran through it again it was clear that this one had to be wrap up video. It’s the tough sessions that show you what the Zero is made of. So here we go:

I wouldn’t call this a crystal ball sessions by any measure. Frankly there were two curveballs that came out of nowhere and are indicative of some big boys playing some very nasty games. Mind you – I have watched the tape on the Zero for years now and usually I know what to expect. Where the Zero Lite really shone today was in starting to point down when the tape was still pretending to produce a bounce late session. That is usually when your red light goes on – we are right at VWAP for the nth time and the signal can’t get above the line after three viagra and a vitamin shot.

We have a bunch of noobs here recently and I get emails asking me how to trade the Zero. The videos are usually what I suggest watching as there are so many subtleties to this game it takes you a little while to get into the groove. It’s easy to explain for instance the concept of a bearish/bullish divergence but often it’s important to see what the Zero doesn’t do. Like not following suit when price is pretending to launch higher.

Make no mistake – this session was a complete setup – carefully planned and executed. You got to admire the evil intend here. Fortunately thanks of the Zero I was able to hang on by the skin of my teeth – almost got fooled there – but just almost 😉

BTW, as I’m typing this the E-Mini is back at the 25-hour SMA. The fat lady hasn’t sung yet by far and I think it’s going to be a rough night. I want to be short here but don’t feel like nursing positions during my sleep – may try a few lottery tickets with a stop above the 100-hour SMA. See you all tomorrow – I’m hitting the hay.

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,