Friday, May 11, 2018

Market Forecast Line May 11, 2018

FINALLY - the Near-Term Line on the MFC has stayed above 80 level for more than 4 consecutive days. You know what this means, right? STRENGTH! Don't forget that our politics can add volatility to this market, and it makes sense that we'll see volatility due to the strong growth we've seen in this market since early 2016.

Take advantage of our normal bullish trading strategies, but use caution - meaning money management!!!

Craig

8 comments:

Mario Tenerani said...

Thank you again for your posting
Technicals are showing strength but geopolitical events are also adding volatility
Keep trading wisely!

Dale Dillon Lips said...

Great to hear from you!

Tom Nelson said...

Hi Craig... good to see you!

Unknown said...

Hi Craig,
Thank you for the posting. Your opinion always valuable. keep on coming

Mario Tenerani said...

Hi Craig
Hope you are doing ok
I'd like to know your comments about the market since the last month events
Thank you

Unknown said...

Hi Craig,

From the grape vine, understand you and your brother open a trucking company. How nice being an indepent business owner. Can imagine how busy you can be.
Brand Van Zee and David Settle open up their education company calls " MarketScholars.com ". Officially their open date will be July 1, 2018. But they opened in March for the Beta testing period to early birds signing up. Between them, there are 10 classes/weekly. Brandon is an investor, and David is a trader, very good combination. They have rather good group of followers.... and a very good community and organized website. On their website, there are Blog, Forums... students engaging with each others. Old students help new students. People are friendly, and welling to help each others. After IT closed door, this is the best thing happening to people who loved IT. Still cannot figure out why TDA could not able to keep all these best teachers that including you.

For better or worse, It is a great thing to own your own business.

Drop us notes when you can. I am sure between your busy schedule, you are still trading. As you said at workshop that people willing to spend their Saturday attending the workshop... It is in the blood, and are hooked!

Wish you the best.
-Serene

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