A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. In this weekend’s analysis, we take a look at the broad markets continued strong move up this week and compare the recent lower indicator action with the early 2016 moves which aren’t exactly the same but are showing many similarities.
We were lucky enough to catch this progression of HTGM over just a couple days! Watch this 3 chart series of HTGM breaking out of a symmetrical wedge and then moving to the next level of resistance identified by the TrendSpider platform. The beauty of this is that not one trendline was drawn manually!