Watch List #16: Reversal Markets
Watch List #16 monitors markets that have strong Energy & Elastic levels with mixed trend level readings. The trading premise is simple; markets with high energy and extremely overbought or over sold levels are likely candidates to reverse direction over the short term. These out of control markets should not be viewed as candidates to enter new positions … they should simply be closely monitored as markets in need of hedging or out right unwinding of existing positions. Pay close attention to markets highlighted as focus markets, as they offer the best opportunities moving forward.
Watch List #16 is divided into two main sections; Focus and Bias
- Focus: New markets (long or short) recently added to the Watch List which offer potential near-term trading opportunities.
- Bias: Existing markets (long or short) that have been on the Watch List for awhile and offer no new call to action.
Watch List #16 Reversal Markets
Our watch list information is strictly provided for educational purposes only. As always … trade at your own risk and analysis.
Additional links worth reviewing:
Check out what the systems are doing
All trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed. The past performance of any trading system or methodology is not necessarily indicative of future results.
Our strategies have not been developed based on knowledge of or with reference to your particular circumstances, such as financial position, goals, risk-reward preferences, tax situation, brokerage arrangement, investment or trading experience, and so forth. Hence no content or model published here constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. More