Big Afternoon Move Signals From Atlas Line & Trade Scalper
October 6, 2020
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Did you trade the huge afternoon move down today? In the E-mini S&P 500, we saw it drop -19 points over 19 candles. The conventional explanation for the big move is that President Trump announced stimulus discussion would resume after the election (i.e. don’t expect a stimulus this month). I know, I know. Let’s keep the politics aside and focus on the price action… …As they say, a picture is worth a thousand words, or maybe a thousand dollars, if you were following these signals with the right number of contracts. Now, I suggest that you look very carefully at...