Day Trading Radio Blog Alert - Market Radar for Tuesday May 20th 1888 a great level to watch

Published: Mon, 05/19/14

 
 

2014-05-19 16:39:28-04
Market Radar for Tuesday May 20th 1888 a great level to watch

I will be focused on 2 intersecting trend lines above us at 1888 this combined with the fact that was are overbought on the 60 min chart sets us up for a nice reversal off that level. I will be looking to get a accompanying tradeometer alert and short this area for a trade. The Lane Divergence that has formed on the daily still seem valid and this latest bounce is expected and I will be important to see how  it holds. Tune in tomorrow to see how it plays out www.daytradingradio.com

Watch HD here http://youtu.be/BHTmR2QrHuI

 




Follow Us On