Yesterday turned into a bull trap, and now we’re seeing liquidation behavior creep into most markets.
Two things I’m preparing for:
The Noise Level as a function of Sentiment, Volume, and Volatility is likely to remain extreme with massive two-way headline risk in the next few days.
In situations like these, when everything is moving at a climactic pace, my reaction speed automatically slows down 90%.
Additionally, important signals are now in motion, and I’m focused on these in order to react when required.
Running through the main charts, I’m tracking the following setups:
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