“When it is obvious that the goals cannot be reached, don’t adjust the goals, adjust the action steps.” – Confucius
We highlighted our views in the latest Weely Outlook Video and despite the fact that there seems to be a relentless bid under this market, we are going to continue to focus on action around key levels and as always, stick with our analysis unless the levels break.
Again, there is an awful lot of key data out across the board this whole week and as far as we are concerned, a lot of chop inside wide ranges and we are not going to jump to conclusions, buy the dip or get excited with a little downside that doesn’t immediately follow-through. It’s a process… don’t forget to keep an eye on Bonds and Gold.
3 Key Charts for today: ES, Crude and GBPUSD.
If you missed the post of the great latest developments going on with Darwinex, make sure you check out the post on Reloaded.
If you are interested in attending a morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.