As the chart below clearly shows, this is a significant level as it's the 62% retracement of the recent slide..if anything, pretty impressive!
So, to steal a phrase from that quintissential NYC rock band, The Strokes, "Is This It"?
We can't say for sure but as our profit taking MO today indicates, we're not taking any chances.
Consider trying our Premium Membership and see for yourself how subtle correlations, as noted above, can make a big difference when it comes to evaluating your returns.
Premium Membership: Real Time Alerts(Both Entry & Exit)..an Educational Component consisting of annotated charts(like on the rest of this page) including ones specifically related to our moves, Webinars dedicated to our methodology using Alerts issued during the prior week and access to our traders during the trading day.
Follow Trade Membership: For those who might not have the time availability to keep abreast of our latest moves. With this membership, you decide if you want to follow us in a trade and preset the parameters for doing so. Then when we issue an alert through Ditto Trade, you can simply click a button included in the email/text alert and wham, you're participating with us.
And don't forget to get your "10 Commandments of Trading" offered as a courtesy for signing up for our Mailing List.
Feel free to reach out to me either by replying to this email or via the phone # listed below if you have any questions at all.
We might very well be entering a new period of incredible opportunity................
The Stealthy Trader