Tag: key reversal
Last time, I outlined the price levels in the S&P (and hence in the more popular Dow) which defined the limits I placed to determine the start of a new trend. And in fact, these levels have been remarkably accurate and useful in setting trades.
You could feel it coming couldn’t you – the 300 pip wake-up call in the Dow on Thursday that rocketed VIX by 50%. I asked VIP Traders Club members if the dip buyers will still be out in force as they have been for many
