Notes are almost in a position for a very high probability trade setup with minimum capital exposure. Just as described in the book. In my weekly video for subscribers, I described how bonds were at or very near the end of a minor five wave decline. The bottom was made Friday. Notes should be making a corrective rally.
High Probability Notes Setup
The 13… daily DTosc is Bull. The fast line of the 34… 240m is OB.
Once the daily 13 is OB which will be represented by a red bar in the OB zone, the next 240m BearRev will be the setup to signal the corrective rally is at or near completion and short position strategies should be implemented.
Time factors suggest a corrective high will be complete Friday, Jan. 18-Tuesday 22.
The typical corrective retracement zone (50%-61.8%) is right at the W.4 high which is a typical target for a corrective rally.
Now you have all of the data necessary to prepare a specific trade strategy.
No comments yet.