The Semiconductor ETF ($SMH) has been honoring the boundaries of a large trading range from $25.40 to $28.90 over the last four months, offering amazing reversal opportunities along the way. As a matter of fact, I wrote about once such opportunity on the actual $SOX Index on July 6, which worked out great! Now, it looks like another opportunity may be upon us..
Pivot Width Analysis is one of my favorite forms of analysis because it’s simple and it works. This article is Part 3 of a three part series that will take a look at how I use pivot width analysis to forecast price behavior.
Pivot Width Analysis is one of my favorite forms of analysis because it’s simple and it works. This article is Part 2 of a three part series that will take a look at how I use pivot width analysis to forecast price behavior.
Wouldn’t it be great to know what kind of trading behavior we’re likely to see in tomorrow’s market? The ability to anticipate trading behavior for the following session is a trait that separates great traders from the rest – and I have a simple solution to help you get started!
