Dear traders,
Yesterday action is something what was in the air last days. Strong intraday selling pace, daily pivot and higher volume, all that suggests that yesterday high won’t be easy to break. I don’t expect that bulls quit and that we entered bear market, but few correction days is what I will looking for. I will look for selling signals like CSCO daily reversal pattern and I will look for weak charts. If market selling pace will be strong then I will look for 20sma as support area and bounce from it, but this time not to new high. Just for intraday or maybe day-two bounce. All will depends on correction pace next days and volume. In a period from 27th February to 12th March you can try our LIVE TRADING ROOM for 15 days WITHOUT CREDIT CARD REGISTRATION. Simply contact us to: ivica@xpertstocktrader.com and we will create your account for our LIVE TRADING ROOM. Contact email: ivica@xpertstocktrader.com
For any questions feel free to ask
Iviac Juracic
Trader and Founder
XpertStockTrader.com
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