Finally a stock market system that works, and the best part is, it's all done for you! Based upon proprietary content that has been back-tested over 40 years of actual trading. MktMetrics is a Pattern Recognition algorithmic trading program that provides next day's advance market decisions several hours before the NYSE Open, so you can trade with confidence the pre-market action according to indicators provided.
Wednesday, September 7, 2016
BE VERY CAREFUL OF THE MAJOR MARKET INDEXES HERE
Look at the chart of the DJIA.
To me, it looks like a very pretty head and shoulders pattern setting itself up.
On the right shoulder currently: Declining overall volume goes right along with the pattern.
"IF" the DJIA breaks about 18300, then a big sharp high volume plunge is likely.
Then a rally back to about 18300 could likely happen. Then a typical head and shoulders break down, followed by a year-end rally.
What's your thinking?
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