The Day Ahead: And Now We’re Trendless

-Kumo ahead of price is bearish and falling (red cloud = bearish Kumo) -Entry price is not more than 300 pips away from base line as it will likely whip back to the line if we enter on an extended.

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Once you figure out all those things, then you execute it. And so, yes, we spend a lot of time on this podcast talking about what’s going on, current events that affect the markets, but we also talk about financial planning. And in the weeks and months ahead, we’re going to bring a lot more people on here to help you through that process.

This commentary originally appeared on Real Money Pro on Oct. 11 at 8:51 a.m. EDT. The feedback that I am getting from many subscribers’ emails is that a market uptrend is now likely in place, but.

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But now we’re trendless and you can see how price touches the edge and reversion happens in the last 3 months. bollinger bands say we have lots of risk and not much reward. Now look at the price bars themselves. This is called a ‘candlestick’ display. Each bar is ‘fat’ between the open price and close price of the day.