The predictive power of failed patterns

At Remek!, we treat failed patterns as leading indicators for their forecasting power. See how this failed pullback led to today’s meltdown. (If you were in the Remek! Room today, you saw how we traded this market in real time, gainfully, with Remek! Momentum.)

When a pattern fails, whether we were in the trade or not, is not the time to get distracted or emotional. The market is broadcasting. The job is to listen.

Mindful trading!

NQ 2018 11 12 - failed pullback