Current Market Outlook – ALERT

I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of All, all Praise and All Glory is Exclusively and Entirely For Him.

I am always, grateful to The Most Magnificent, for the all the opportunities, including which come in form of challenges.

As I said on Friday that We are LONG since Friday. Therefore Friday’s lows are important support to watch. Once I see them holding as strong support, then, it is an opportunity to add, which I believe it is, due to the Guidance of The Almighty The All-Knower of hidden and obvious. In the event, said lows are broken, then We shall have to close the LONG at loss and take the reverse position. However, I am very confident that it is another opportunity to add to our LONGS.

Hint: I watch for first Hourly Bar to Close below the low of Friday, that is the signal that Low of Friday was broken. and next hourly bar does a follow through.

THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

http://trade-in-harmony.blogspot.com/

1 thought on “Current Market Outlook – ALERT”

  1. Hello Mr.Syed,

    I see that the support for QQQQ was broken this morning. Do you feel this may be a good time to go Short?

    Thanks for all your help.

    Andrew

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