Stocks Feel the Pressure

The bears have taken center stage over the past several weeks, and they simply aren't ready to relinquish that position in the second half of the week. Over the past six months, every time the market has had a correction similar to the one we have seen over this past month, it has quickly recovered its losses before pushing to new highs.

The core strategy that worked well is to short two waves of downside on the 60-minute time frame and then look for reversal strategies such as an inverse head-and-shoulders pattern to turn the market around once more. The larger market still has this potential, and I do suspect that we will see new highs once again as we head into the summer....402 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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