Price Action

Morning everyone,

We had a good reversal at 8am this morning which is nice for the day traders using the pivots.

Look at the weekly chart trend line above. Price down is more likely than price up.

Yesterday those who went short just below 12900 based not only on price but we hit 0.941 fib should be smiling. Those of you who still do not know what the reversal fibs are go buy the training course.