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Club Zero: Momentum Flattening
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Club Zero: Momentum Flattening

Club Zero: Momentum Flattening

by The MoleApril 9, 2010

The current pattern on the Zero Lite looks pretty juicy. However – these days we don’t want to take big risks when momentum is beginning to flatten:

I call this a bearish divergence. However – the tape is really not following through as much as I hoped. Now, if you are short and have not taken profits yet – just set a stop at break/even – might be worth sacrificing those few handles of profits. Well, that’s me – please always follow your own system.

Here’s the live Zero for your convenience (reload page to see the live version). Remember you can only see this particular chart if you’re a sub.

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Cheers,

Mole

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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