These markets were on a mission today – with bulls getting aggressive on the Eminis and bears hammering Crude Oil lower…
With all this strong momentum in the markets, its clear people are suffering from FOMO, which means there will be easy opportun…
These markets were on a mission today – with bulls getting aggressive on the Eminis and bears hammering Crude Oil lower…
With all this strong momentum in the markets, its clear people are suffering from FOMO, which means there will be easy opportunities to capitalize on their mistakes – are you ready? Let’s go…
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Crude Oil is bearish and just bounced off the 20.00 psychological support level after going three strong legs down…
Remember, we bounced hard off this 20.00 level a few weeks ago, and I'll bet we see a lot of FOMO buyers getting in trouble tomorrow morning…
E-Mini S&P is bullish and just a few points below a triple measured-move, which tells me to anticipate a range on Wednesday morning…
Knowing this, I'll be looking for buy setups below the range using seller-failure patterns tomorrow morning…
Gold is bullish into a trading-range, which tells me to buy low, sell high, and focus on failures tomorrow morning…
Look closely, you can see the recent move off the high has a lot of strength behind it – that tells me sellers will be waiting above the moving-average, and my plan is to buy into their stops.
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in t..
