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!
The Dow Jones Industrial Average (ticker: $DJI) dropped sharply the last two trading sessions after topping out at 10,300 on June 3rd. As a matter of fact, the index has dropped 500 points and could be headed for a test of 9,600.
The Dow has traded virtually sideways over the last two weeks, but finally looks primed for a major breakout opportunity – one that could spark the next 500 point move!
The Volume at Price indicator is a visually powerful tool. Plotting this indicator allows you to see the market at work in a way that no other indicator offers. Proper understanding of this tool can make you a more knowledgeable trader.
I was scrolling through my watch list when I came across a potentially great opportunity in a 15-minute chart of NVDIA Corporation (ticker: NVDA) for tomorrow’s market.
