What does this mean?
Well, as per the chart below we're approaching the key 38% Fib Retracement level along with a trendline from where it broke above not too long go(See arrows below).
No doubt you should be aware that we don't expend too much energy trying to figure out where the market is going..mainly because NOBODY knows....
What you, and many of our present members, have come to appreciate is our strategy of having high % "plays" for most any eventuality.
Reach out to me should you desire to take advantage of my +15 years of trading experience including my approach to anlyzing chart patterns, mass market psychology, volume profile analysis and the all important "what is the process to best exploit opportunities during the trading day".
You'll be astounded to see how much more secure you feel at the start of each trading day should you duplicate my approach.
A membership to my service will not only make you money now but shave at least 5 years off the standard learning curve so you can go out and discover such opportunities of your own.
See you in the markets tomorrow..