Users: FoamRanger: http://tradegato.com/gallery/albums/TradeGato/YM-03-18-240-Minute-_-YM-03-18-Daily-2018_01_16.png

tradegato.com/gallery/albums/TradeGato/YM-03-1...18-Daily-2018_01_16.png

01/16/2018 Swing Trade Chart

Comments

FoamRangerFoamRanger
This chart is not bearish but I did not like the huge up move today only to then it gave it all back in a few hours. 
My guess is the market is concerned about the seriously overbought condition as well as the debt. ceiling vote this Friday. Since I have a nice profit here, I decided to pull most of it off today. I still have a small amount in this trade but I will be quick to close it on further weakness. Could be interesting in the coming days. 1/16/18
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