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Market Trend 3/27/2016

(2016-03-26 21:38:23) 下一個

Back on Market, as I said before,  nothing is guaranteed. most likely 3 scenarios: 1. Market will move up a bit from here then turn around  and go down. You can tell this from 30min MACD death cross and Stochastic coming out of overbought. Probability on this: 65%, 2. Market moves up further, test 2056 again, and fail, form divergence and go down.  Probability on this: 30%.  3. Market moves much higher than 2056. Then all bear bets off. Uptrend resume. Probability: 5%.

That's what I mean by trading with high probability trade. Need to adjust trading based on market movement.

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