It was a wild day in the markets today…
Eminis and Gold were bullish all day, riding high on anticipation of more stimulus coming from a new President in the US.
Crude Oil, on the other hand, failed to retest the weekly highs and rolled-over for…
It was a wild day in the markets today…
Eminis and Gold were bullish all day, riding high on anticipation of more stimulus coming from a new President in the US.
Crude Oil, on the other hand, failed to retest the weekly highs and rolled-over for a strong reversal for the bears…
There are lots of reliable setups coming tomorrow…
I'd love to buy a deep pullback down around 3824 on the Emini, but I'll need to stay patient so I don’t get caught by the bears…
I'm waiting for confirmation on Gold to see if this is a spike & channel or a range, then I'll know exactly where to look for the entry, and which setup to use…
And for Crude Oil, this 123-Reversal off the today’s high tells me to short the pops on the way back down to the range from earlier this week. The only question is, how strong will they be?
I'll show you all the details in tonight’s video. Are you ready for tomorrow? Let’s go!
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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 this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing,..
