Power Trading Radio - A Trader's Perspective On Investing In Stocks, Futures, Forex, Options Podcast

Back from the Las Vegas Traders Expo, Merlin recaps the first day of the shortened thanksgiving trading week. With few domestic highlights moving the markets, traders looked to the fragile European markets for guidance, bringing the US equity markets down. Scot McCormick, CMT, joins the show to share some of his technical analysis knowledge with listeners, diving into one of his favorite tools Fibonacci. Scott looks at the S&P 500 from an Impulse/Correction perspective and ties that into current Fibonacci levels to give us an indication as to where markets are headed. PowerPick: EURUSD