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Mentor Mike’s Daily Turning Points for Monday 12/5/11.

05 Dec Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Monday 12/5/11.
Mentor Mike’s Daily Turning Points for Monday 12/5/11.
 

Every freely-traded market makes a series of turning points during the day session of the regional stock market.  You don’t need to master complex cycle theories or pay to join some elite trading group in order to utilize daily turning points. I can teach you how to spot them with conventional technical analysis

 

 

Scoreboard

ES:  5  wins / 0 losses

 

Chart Chat

I’m starting to work on my new video blog using Camtasia to create a daily video showing how the ES moved throughout the day and where the trade opportunities opened up.  I hope to launch this new VIDLOG just after the first of the year.  If this works well, it could be a prelude to a live, hosted trading room.  Today’s pattern was a HI-LO but I forgot to mark the turning points before saving the chart.  Have a great evening.  Be back tomorrow.

Please click on the chart below to make it larger.
Chart #1
Today’s 3-minute ES chart