Friday Morning Briefing
Friday Morning Briefing
Yesterday’s session on the E-Mini was pure sugar for swing traders as that bearish divergence at the lows was hard to pass up. If you got trapped in short positions yesterday then you obviously weren’t a Zero sub:
Not much to add to the comments in the video. We’ve been covering this kind of stuff here many times and the tell-tale signs of a bear trap are now well established. At minimum once VWAP was breached the writing was on the wall.
Talking about the E-Mini – it’s in a very interesting configuration right now and we have setups in either direction: Short below 1618.25 and long above 1624.25 – the six handles in between are no-man’s land. Don’t get caught there.
Silver is back at short term support and I woud be short below 22.450 and long until that happens.
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Cheers,
