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S&P Retracement |
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By Abdel Ibrahim
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August 17, 2011
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The amount of retracement of any market can tell you a lot about what may happen next. If we look at the S&P you will see that we haven't quiet gotten to the 50% and we've been consolidating for the past couple days. Today should tell us a lot and here's what we're looking for.
For more from Abdel including access to Ratio Trading’s video library, visit RatioTrading.com.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency. |
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This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.
Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
