Saturday Review’s recording (for 12/16/17) …The year’s last.
This week I describe the market’s current situation in terms of three major setups in the process of unfolding, which means also describing those setups: Bearish WedEX, Session-long rally, Friday trend extreme close. Along the way, I point out other commonly seen behaviors that appear often and have predictive value. We also discuss and dissect Monday’s two likeliest trading paths, and strategies for trading them. We didn’t have time to cover Bitcoin futures, but I did update the stock* I introduced last Saturday (+25% on the week)… This is 2017’s last Saturday Review, so “bigger picture” coverage will be included in the next two Fridays’ Market Wraps.
The following stock requests were reviewed in this order:
ROKU, SAM, BAC, UA, BCS, RDFN, *IIPR, BA, BBY
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