Sive Morten
Special Consultant to the FPA
- Messages
- 18,571
Good Morning,
Yesterday market has shown solid sell-off, and our expectations, concerning possible reversal have not been met by the market, because price did show any sign of retracement from Fib. support.
Currently there are a lot of different scenarios. Much depends from a price action in nearest future. Also there is a possibility for short-term scalp trade.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Yesterday market has shown solid sell-off, and our expectations, concerning possible reversal have not been met by the market, because price did show any sign of retracement from Fib. support.
Currently there are a lot of different scenarios. Much depends from a price action in nearest future. Also there is a possibility for short-term scalp trade.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
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