If Papa Bear has indeed come out hibernation, we’ll need to be particularly cautious identifying trading opportunities. Under the circumstances, many of our favorite vehicles, particularly gold and the E-Mini S&Ps, could start to behave in new and unaccustomed ways. This lesson focused on schizoid price action at ‘p’ midpoints – something that will take some getting used to if stocks, bonds and commodities are in fact in the throes of 180-degree turns.
