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The market
is in a very crucial position right now. We are right at the pinnacle of a
long term wedge. Think about it as a big spring being compressed more and
more, accumulating energy. If we break above the 1631 resistance level, the
market will explode into a long term up trend, one that could span months
or years. This type of rally can affect everything from the real estate
market to politics.
If the
market does not break above this resistance level, it will probably stay
inside this wedge, it may take a couple more days to just build up energy
some more. If it breaks to the down side of the wedge, which could happen,
it could have the opposite effect of above.
Wedges
have a pointed end, which means a breakout to either the long side or the
down side. Make sure you are ready to jump onboard and react to it. Our
services will be ready for such an event.
To join
our services, go tohttp://www.shoguntrading.com/signup.php
Our
services had a very good month last month:
Our Swing
System Newsletter, our newest service had a stellar month. For October, the
newsletter returned over 25% return for a profit of over $6000 on a $25k
account.
Our Swing
Trading Newsletter, our flagship service had another great month. For
October, the newsletter returned over 14%, and that is only taking 20% of
possible profits and 100% of losses.
Our Day
Trading Chat room continued to excel during earnings season with many of
our clients achieving the 2%-5% daily profits.
We look
forward to November as we keep improving the service and performance.
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