In today’s video update you’ll see how using fib extensions can often be great tools to help determine trend termination. Did you see yesterday’s end of day rally in the ES coming? If not then you need to watch this update showing how fib extensions could have helped you profit from the late rally. Trader Rick provides commentary on potential support for tomorrow in the ES, the possibility of a lower high and how you might trade it with a potential AB=CD pattern. The T-Bonds are rising which is not good news for stock markets, and don’t forget that Crude Oil rolls over to the January 2009 front month!
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