Sven Henrich is founder and the lead market strategist for NorthmanTrader. He has been a frequent contributor to CNBC, CNN Business and MarketWatch and is well known for his diligent technical, directional and macro analysis of global equity markets.
He publishes the Daily Market Brief keeping investors and traders abreast of the latest market critical developments and outlook.
It’s been a roller coaster week and yesterday’s rip higher proved to be a major trap for buyers. We were fortunately long it and then flipped short on the 50% Fib retrace […]
Last week in “Action Replay” I suggested that markets were following a very similar structure to the action seen earlier this year. Considering that the news flow is quite different to then […]
No matter how good a trading set-up you identify, it is only a set-up until it is confirmed by actual price action. This is the basic risk/reward challenge all of us traders are […]