Markets went soaring higher in today’s session, finishing just inches away from re-testing their major highs, which we know isn’t a very good place to buy...
So instead of buying at these expensive prices, I'm waiting patiently for either “pro…
Markets went soaring higher in today’s session, finishing just inches away from re-testing their major highs, which we know isn’t a very good place to buy...
So instead of buying at these expensive prices, I'm waiting patiently for either “proof or a pullback” before I buy more on Thursday – are you ready?
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Crude Oil is bullish with a strong run higher in today’s trading session, and in my experience, a day like this is usually followed by a sideways session tomorrow…
Knowing this, I'm watching for a trading-range, and looking to buy underneath the range using seller-failure patterns.
E-Mini S&P is bullish and sitting right on top of this morning’s high, which isn’t a very reliable place to start buying…
Knowing this, my plan is to wait for either proof of another leg higher, or wait for a pullback to the low of the range from earlier today.
Nasdaq is bullish with a double-top at today’s high, which leaves me wondering if the bulls have any gas left in the tank…
We’re clearly bullish, and I want to buy, but I need to wait for a pullback off the highs or wait for proof with another leg higher before I can get aggressive on the way up to the measured-move target overhead.
Gold is bullish with a strong leg higher to finish today’s session, showing us clear PROOF that buyers are looking for another leg higher…
Knowing this, I can see multiple levels of support waiting below me, and I'm looking to buy a shallow pullback using a seller-failure set-up on Thursday.
Euro is bullish with a Spike & Channel that finished in a narrow trading-range this afternoon, both of which are telling me to wait for a deep pullback to buy more tomorrow morning…
And my favorite is the support trend-line waiting below, because I don’t think a lot of people are going to see it, and it’s a great risk-reward-ratio going ba..
