Yet again we’ve nailed a key reversal with those specific patterns we look for.
Following the specific railroad tracks on Wednesday, yesterday morning I mentioned that the broader markets looked ready to turn due to the presence of more railroad tracks and railroad ‘crossings’ in the indices, key financial stocks and other specific stocks mentioned.
And what a reversal it was.
Yes, there was a backdrop of news (from the Fed) to it, but all I did was interpret the charts in the specific way that we do, and that’s what gave me the heads up.
No video today but I will do so over the weekend. In the meantime, take a look at Thursday’s and Wednesday’s if you haven’t already.
