As many of you know, Collin does an weekly webinar about the market outlook every single Monday for our TradersGPS community.
I’m sure many of you would love to hear what he thinks of the market now, so this is the video from 11th May, Monday’s video!
This week he shares his view about the US markets and a possible big trend move coming your way.
As you know, these videos are only meant for our TradersGPS community, but to add more value to our blog readers like yourself…
…we have decided to give you access to this week’s webinar video!
Also If you would like to get to know our community more,
Currently testing the recent highs.
The test was 2 weeks ago and only held for 2 days before retreating from the 2600 level again.
We have our 2nd and 3rd entries since the last update.
So we are in at $2.12 with a second entry at $2.22 and third entry at $2.26 levels
The next resistance we’ll see is about the $2.39 area.
For now, all we need to do now is follow the system and be patient.
Unfortunately, this swing trade has gone on for too long, we exit around breakeven.
Well managed trade!
I just wanted to show an interesting level on this counter.
If we clear the $2.80, we could start to see a new trend upwards.
However, this would be pining for a reversal, so we need to observe the TradersGPS for valid signals.
If you’d like to find out more about systematically trading the market,
Good trading folks!