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Posted: January 10th Wednesday @ 8:05pm est 2007

Key Market Day

Key Market Day does not imply that the particular trading instrument discussed below will continue in the direction of the pattern signal.

It implies that the trading instrument itself and similar like trading instruments had impact on other different types of futures markets.

With that said, some of our clients exploited this pattern signal in the Exchange Traded Fund SPDRs (SPY) while others took trades in the CME S&P 500 Emini Futures (ES).

However, this particular client uses s/r zones based upon WRB Analysis to indicate profit targets when he scales out of his position but only when there were higher prices in the trading days prior to his entry signal.

Trading Instrument: CME S&P 500 Emini Futures (ES)

Price Action Pattern source: Advance Price Action Only Report (APAOR)

Click on chart to view actual size

If you have any questions about either the price action involving the pattern signal or the pattern signal itself...

You can send an email to questions@thestrategylab.com

Also, to view the archives of what we consider to be key market days along with the clues associated with the key price action...click here.

Disclaimer: The above chart in the key chart stories is for illustration only and they represent trades (real money or simulator) of those traders that have access to either our special free strategy, trading reports or trading manual.

To read our full disclaimer statement...click here.

Copyright © 2002 - 2007. The Strategy Lab. All rights reserved.

     

 

 

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