For months we have been watching the broad market indexes trend higher in a perfect channel. The #SP500 and #Nasdaq seemingly defy gravity in their ascent, but every dog has their day. The broader trendlines on these markets were both broken today, and the probability of lower lows being made continues to grow! I’ll address this conundrum as well as some feedback from yesterday’s trading from around the world show. Join us live at 2pm PT today!

#trading #futures #cryptocurrency #Bitcoin #SPY #QQQ #IWM #GLD

Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/

Contact TraderMerlin:

Email – [email protected]

LinkedIn: https://www.linkedin.com/groups/13930555/

Twitter: TraderMerlin - https://twitter.com/TraderMerlin

IG: TraderMerlin - https://www.instagram.com/tradermerlin/

FB: TraderMerlin  - https://www.facebook.com/TraderMerlin

Live Daily Show:  - https://www.youtube.com/TraderMerlin

 

Trading Applications used:

#TastyWorks, #ThinkOrSwim #CliK, #TradeStation, #TradingView, #Barchart