PREPARATION - the weekend is the time for the following weeks trades.
I have shown the way that the STOCHASTIC indicator is used for this weeks trading of the DOW.
Antone trading different indices or FX charts can use this very safe system of determining how the chart will move in the coming week.
All the traps are hand drawn and use the FAST number on the stochs indi from where they are in the very o/b or o/s areas.
My observation is that the 1hr chart is in hidden sell divergence but the 4hr chart shows the current bottom may have been reached - so a watch and wait until one of them is proven correct.
My post is to encourage preparation and this is my way of preparing.
TEAMTRADER