[et_pb_section fb_built=”1″ _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.12.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”]
[/et_pb_text][et_pb_text _builder_version=”4.12.0″ _module_preset=”default” global_colors_info=”{}”]All right, good day folks. So another volatile day in the market See s&p And the rest of the indices ripping back to the upside after the scares we saw a couple days ago. But now we’re looking at a couple of potential short positions. Focus in the energy market. So crude oil energies in general, have pullbacks and definitely since topping out above 100, earlier in the week, and now we’re looking at a couple of energy plays in equities that we can take advantage of based off of the recent movement, as well as upcoming seasonality. So we’re looking at Marathon Oil ticker symbol is Mr. Oh, we’re looking at a bearish window here coming up in early March, that lasts around to the end of March at 6% win rate over seven years. So we know that we’re trading in line with seasonal bias. A couple of other things I’m looking at is we had traded up here into this significant area of structure up here at 2275 23 area. Notice that now on the daily that buying momentum has also slowed down a bit. And it looks like we’re trying to put in a top I see with my eyes a potential head and shoulders top, I’m also seeing a 123 top. And we also have bearish divergence sell signals. You see we had various further sell signals come back here early February. But it did not meet our objectives as we wanted to see us trade into higher time frame structure, which we did get here a few days ago with the recent volatility. So what I’ve done is set a price alert here at 2095 21. I don’t have to look at this chart again, until we get back below this that would be also coincided with a trend line break and confirm the 123 top pattern for me to look to take short positions first targets are going to be down here 1830 longer term down here at $15. Now I’m going to be doing a free presentation next week on Monday, February 28 at 4pm. Eastern, where I’m going to talk about some of these concepts in much more detail teach you the actual strategy that you can use. The event is free on Monday, February 28. We’re going to talk about how to identify trade and execute big money moves with a new trading strategy. I’m gonna link you to this page. All you got to do is click the orange button. The event is free and I look forward to seeing you there[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]
