With the big snap back up in the market, I have been searching for some confirmation of where the trend is. I found a great overview that I can use to set up trades this week. Wendy Kirkland sent this to a small group and agreed to let me share it here. It showed the key price levels that will confirm the next move. This is what she sent.

What is most helpful to me are the levels she points out at about 7 min in. When I see the prices break through or fall back from that level, i can use it to jump into the next option position with some more confidence. When I couple this with Wendy’s DNA Indicator, it has been very effective at putting the broader trend together with specific tickers to create some juicy trades. You can see the live demo of the DNA Indicator here.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily