There are potential upcoming moves on futures with the Stochastics being overbought on the 180-minute chart on the emini Dow Jones, emini Nasdaq, and emini S&P 500. The best move may be on the emini Nasdaq because both the TradersHelpDesk ADX and Stochastics are overbought. This should push price back to the TradersHelpDesk Trend ATR.
Potential Upcoming Moves on Futures
In this video, Gail Mercer, founder of TradersHelpDesk, identifies the potential upcoming moves on the emini Dow, emini Nasdaq, and emini S&P 500 using the TradersHelpDesk indicators. These are counter-trend moves and really good to trade with OTM binary options to limit risk.
As shown in the video, the Stochastics is overbought on all three eminis. However, on the emini Nasdaq, the ADX is also overextended. Then when you zero down to the 12-minute chart, the Trend ATR has already flipped from blue to red and price is currently going back to test for resistance (which should push price down). There has to be a failure at either the ATR or, if a congestion dot forms, at the congestion dot. This would be a great entry for using an OTM binary option to the short side.
Again, since the upcoming move is being identified using the 180-minute chart, the entry should be off the 12-minute chart (180 and 12 are the correlated time pairs).
TradersHelpDesk currently offers two packages — Create Your Own and Silver Package. Both the Create Your Own Package and Silver Package are on special this week and include the indicators, documentation, and online video training. Plus, if you are new, I even connect and install the indicators for you! For those that just wish to use the Trend ATR indicator it is also on special for only $295.