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As the world awaits what Super Mario’s actions will be in regards to interest rates in 30 minutes. I thought I would share the conditions of a key asset in the states, that seems to have some influence on the worlds financial stage too.
Current price/pattern conditions….This asset has done well of late, pushing much higher over the past year, taking it back near its all-time highs. Could that be a triple top? Investors like the action of this asset, as nearly 80% are bullish at this time, according to Sentiment Trader. The rally has momentum hitting levels seldom seen in the past 10-years.
Could an important “kiss of resistance” be taking place with extremes in momentum and sentiment?
What action would you take with this Power of the Pattern Opportunity? Feel free to share your thoughts on what action you would take here by sending and email to firstname.lastname@example.org
I will be suggesting specific action to members today on this pattern, if you would like to know what this asset is and what action we will be taking, send an email to us and we will send an complimentary sneak peak at what this asset is and how members will be playing this pattern.
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