GC setting up

Hi Traders, keep an eye on this emerging short setup on GC. We wouldn’t be surprised to see GC retest the 50% area in the coming days. (By the way, we don’t assign much importance to fib numbers. 50%, of anything, is not a fib.)

Also note the emerging strength on the DX, which may give us a short on the 6E.) Mindful trading!

GC 2019 03 06

DX 2019 03 06

Textbook 6E

We are bullish on the indexes. Note the 6E move as well.

6E 2019 03 04

Remek! Momentum positions 2019 03 04

3pm update: Indexes under heat… it seems today’s dip is whence we’ll be heading back to those recent all time highs. Time (and the market) will tell. Mindful trading!