More of the same with enticing market movement…

http://schrts.co/FaaaMSvM

Tuesday’s historic upday tempts the investor.  Couldn’t that be the turn around day?   A gap and a powerful white candlestick bar.  Some aggressive traders might even choose this as an entry signal.  As a hindrance to that trade is  the shape of today’s bar–with a long upper shadow and a closebelow the middle of the bar.  Also against that trade is the character of the present market and the broader economic situation– that is, the virus and Trump.  Recent new readers may not be informed as to our alphabetazeta analysis model. The link to that paper is at

http://www.edwards-magee.com/ggu/alphabetazetawaves.pdf 

 

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