Trading to win using the Secret Code of the Illuminati

Summer Solstice


Last Friday was the summer solstice, and there were approximately 30,000 party animals celebrating the event in Stonhenge.

Imperceptibly, but without dispute, we know the longest day of sunlight has already occurred for 2008. We are not ready to plunge into darkness; summer has just begun.

The seed for that season has just been planted.

I like to imagine a ball being tossed into the air. At it’s apex, it sits momentarily weightless, as if suspended by a thread, taunting none other than Sir Isaac himself.

This is that pivotal moment in time that Jesse Livermore would observe the current pyschology shifting from bullish to bearish.

As traders we need to observe the same reversal of momentum. I try to forget the talking heads on CNBC and use my powers of observation.

What tools do you use to recognize the reversal of trend?

After range trading for an hour or so after the FOMC minutes were released the market tested the upside.

With no clouds in the sky and sunglasses on, it was time to reverse.

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