What looked in early June to be a possible missile launch fizzled out over 10 days as we moved all the way back down to the lower support. My upper resistance line and my lower support line were both tapped within a five day period (please note I drew these lines BEFORE this happened).
This is PART FIVE of our series on accessing THE BATTLEFIELD TERRAIN (the current market conditions) before entering a trade. PREVIOUS POST IN THIS SERIES: INTRODUCTION PART ONE: ACCESSIBLE TERRAIN PART TWO: PRECIPITOUS HEIGHTS PART THREE: TEMPORIZING GROUND PART FOUR: ENTANGLING GROUND According to SUN TZU, one of our 5 star generals, NARROW PASSES is [...]
