Options Oracle: 11/28/13


We have been very successful with trading spreads in Potash and one of the main reasons for our success has been due to the fact that POT trades consistently with the technical signals. As you can see from the chart above Potash closed yesterday with a bullish engulfing pattern that formed right on a key role reversal support level. It’s not often that an engulfing pattern forms on such a well-tested support line but when it happens, we shouldn’t ignore it.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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