'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, February 27, 2012

The market made a dramatic reversal when it drops hard in the open.

A classic cup with a handle pattern if you are basing from multiple time frames.

This is a classic buy low sell high Wall Street common modus operandi.

The bulls are really determined to buy the deep whenever the bears tried to tumble the market.

The market continuous its bullish trend.

Let's be aware that a correction (profit taking) might happen anytime soon.

That's for sure!