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Regression Channels on the YM, ES, NQ TF
Thursday, November 8, 2012 22:33
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If price drops to the -1 deviation level of this regression channel on the YM, ES, NQ & TF Weekly charts below, current bulls will be in trouble. There is no reason to think that the current decline will not continue to that level…particularly in view of my recent posts this week.
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Ryan Mallory is the co-founder of SharePlanner Inc, a financial website devoted to Day-Trading, Swing-Trading (both long & short) and exchange-traded funds. Ryan makes a strong emphasis on risk mitigation strategies, trading transparency, and trader education – not to mention a great set of stock screens as well.
Be Sure to Check out Ryan’s Site at Shareplanner.com
2012-11-08 22:26:46
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