Today’s Video Update discusses yesterday’s massive rise yesterday in the stock indices, and how you can profit from irresistable days like this by using just a few simple tools and concepts to capture large moves.
If you want to know what the defining characteristics of a typical trend day are, and Trader Rick’s own unique take on which particular setups are the most profitable on such strong days, then don’t miss this video.
Also discussed in today’s video is the weekly S&P 500 chart, assessing major support & resistance levels to see where this rally is likely to run into trouble. If you’re a fan of dragon patterns, then you’ll take interest in a globex dragon pattern which was triggered and called in the live room.
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