By Scott Redler, T3Live
Scott Redler, Chief Strategic Officer of T3 Live hosts the Morning Call Express for Tuesday, June 28, 2016. This morning we see mostly green arrows around the world as oscillators hit very extreme levels. Europe is rallying into the UK downgrade of its debt giving some clues that the selling has washout out short term. Yesterday’s low of 1991 is our new point of reference. Today’s gap up will make it harder as it takes some of the trade away as the back test of the 200day makes some sense around 2020-2025.
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About Scott Redler
Scott has been trading equities for more than 15 years and has more recently received widespread recognition from the financial community for his insightful, pragmatic approach. He began his career as a broker and venture capitalist where he was able to facilitate relationships that led him into trading. Beginning his trading career at Broadway Trading in 1999, Scott moved on with Marc Sperling to Sperling Enterprises, LLC after establishing himself as one of the best young traders in the firm. As a manager at Sperling Enterprises, he maintained his status as a top trader at the firm while working closely with all traders in the firm to dramatically increase performance. Scott has participated in more than 30 triathlons and one IronMan triathlon, exhibiting a work ethic that also defines his trading. His vast knowledge and meticulous attention to detail has led to regular appearances on CNBC, Fox Business and Bloomberg, and he has been quoted in the Wall Street Journal.