Club Zero: Momentum Flattening
Club Zero: Momentum Flattening
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.
Cheers,
Mole