The Traderszone Network

Published in TZ Latest News 26 February, 2016 by The TZ Newswire Staff

Week in Review – Bull Trap on the Radar – Short-Term BUY for Dollar

The market consolidated today, likely taking a pause to prepare for more decline. Even with some resistance levels at February highs being overcome, not everyone is participating which tells me to be on the lookout for a bull trap. Scoreboards remain unchanged. They highlight the short-term rising trend the market is in, but overall internal weakness abounds on the major