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Traders: Time To Do Some Scenario Analysis
Good morning traders. Last week our forecast for the completion of the running triangle back on July 18th in the S&P 500 seemed like a solid call. Fast forward a few days and the market is now looking to threaten that forecast - can you say "sideways and directionless trading?" While frustrating, since it makes picking trades for the service a bit more challenging, just think about what non-traders, i.e. investors are doing with this market - ZERO - at least as traders we have the ability to tactically move in and out to exploit movements. To make these tactical decisions we must do some scenario analysis, in ... (full story)
