I promised you in the Weekend Report that I would show you some new charts for the stock markets in the Wednesday Report. I know that most members main focus is on the PM complex which I’ve been mostly posting about even though there is something big brewing in the stock markets. It’s not my job of telling you where to invests your hard earned dollars because that is something only you can decide. My job is to show you the best trade setups and let you decide if that trade is right for you.

Even though I haven’t posted much on the stock markets lately I’ve been following them very closely and watching the price action with great anticipation because after nearly 2 years of consolidating the last impulse move, the next impulse leg up is getting underway that should last another 1 or 2 years. It is these intermediate term impulse moves that I live for.

After chopping around in a big consolidation pattern with the price action basically going nowhere, the impulse move is so much easier from a psychologic point of view. There will be down days and consolidation patterns that will form, but the new consolidation patterns will be much smaller in time and price vs a big consolidation pattern. This is where you want to have a good trend following system that can keep you from getting shaken out of your trade.

https://rambus1.com/2019/11/06/wednesday-report-261/