PivotBoss.com’s Greatest Hits
PivotBoss.com turned 1 month old last week and I wanted to say thank you for all the positive feedback the site has received. Also, with tongue-in-cheek, I’ve compiled a list of PivotBoss.com’s Greatest Hits – so far!
PivotBoss.com turned 1 month old last week and I wanted to say thank you for all the positive feedback the site has received. Also, with tongue-in-cheek, I’ve compiled a list of PivotBoss.com’s Greatest Hits – so far!
Yesterday I wrote that we could see a major breakout opportunity in the Dow Jones Industrial Average today – and we were rewarded with a beautiful 268 point move! Since I gave you my analysis for forecasting today’s breakout, I wanted to follow that up with how I traded the setup, essentially giving you the anatomy of today’s winning trade.
After last week’s price action, the Dow Jones Industrial Average has strung together two sessions of yawn-inducing trading activity. However, the Dow could be on the verge of a major breakout opportunity. I’ve got three reasons why.
The Dow Jones Industrial Average ($DJI) experienced an incredible reversal today after testing the 10,600 level, which left many people scratching their heads about direction, including me. Fortunately, I’ve got three thoughts on the Dow, which could help to shed some light on future direction
The Dow may be headed for another test at 9,800. Today’s mid-day reversal from resistance at 10,325 all but sealed the deal for another key test at critical support. Here’s why…