Market Analysis for The Week Ahead
4/27-5/2 Plan and Weekly Video
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This past week was all about one trade. It was a great example of a lower probability trade that had potential for huge reward.
The higher probability setup was following the prior week low 5151. We can see the acceleration after bulls won the battle for 5285-5297
Once Thursday’s low held the bull gap a bullish engulfing week was all but assured. This week’s plan and video will be all about a sustain vs failed breakout of the box we have been monitoring for the last 3 weeks.
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