How many of you saw this sweet spot on crude?
Continuing the theme of topping out pattern....things (price action) are now starting to move quickly and this could unravel in a spectacular way. All the above are multiple template studies of the emini S & P and DAX and Nasdaq. I have concentrated on the higher time frames to reinforce previous postings made concerning the change of price behaviour. It is fair to say this volatility could continue and great care should be taken but we are seeing a fundamental change in the phase of the market.
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