Founder's Trading Journal Day-Traders – Watch the WEM High by AF Thornton Feb 3, 2022 0 Comment I am concerned that the Weekly Expected Move high around 4521 will complicate trades for the next few days. Market Makers got a gift from the Facebook motivated decline this morning. The market is back in the WEM range and below the forecast WEM high for the week. Market Makers may sell 4521 to keep prices below the level into Friday’s close. Be careful.
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AF Thornton Website: https://tradingarchimedes.com A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.