Over the weekend I had an interesting conversation with a local trader. We typically meet a few times a year to share our market outlooks, new trading tools and techniques, and usually finish our session off in a debate about the US market manipulation and how to trade around it. Talking about market manipulation always [...]
Turkey Day Bottom in S&P 500
November 24, 2011 by
By David Banister – TheMarketTrendForecast.com The SP 500 has been following a clear path from the 1292 highs in terms of waves and fibonacci patterns. Likely pivot swing lows are 1153-1162 which should be followed by a sharp counter-trend rally to at least 1203 areas, possibly a bit higher to fill in a gap in [...]
