Founder's Trading Journal Pre-Market Brief Update – 06/18/2021 by AF Thornton Jun 18, 2021 0 Comment Just a quick note to identify the falling wedge to reverse higher on the 24-Hour, 5-Minute Chart, and the potential support from the 50-Day EMA at 4176. I failed to note the 50-day line this morning. I revised the Pre-Market Outlook to include the updated discussion. If I were to take the trade, and I am not, I would only ride the trade to the WEM low at 4188.
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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.