Dominate Your Market
by Jim Wyckoff
See on the daily bar chart for the September e-mini S&P futures that prices are in a solid uptrend and have just hit a 10-month high. The bulls are in strong technical control. The price uptrend has occurred amid little fanfare and low volatility. That’s a sign the uptrend can continue—until higher volatility occurs, which would be one clue that a market top is close at hand. But right now the path of least resistance for the U.S. stock indexes is sideways to higher. Stay tuned! Jim Wyckoff
There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.