First published at 01:11 UTC on January 4th, 2022.
Welcome Back & Happy New Year!
Markets are bullish going into Tuesday, but look closely and you'll see it's hard to justify getting long up here…
Emini is bullish – but with a range acting as a magnet below us, I'll be looking f…
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Welcome Back & Happy New Year!
Markets are bullish going into Tuesday, but look closely and you'll see it's hard to justify getting long up here…
Emini is bullish – but with a range acting as a magnet below us, I'll be looking for a 2-Try Reversal going lower…
Nasdaq is bullish too – but we just completed the pendulum-swing target and I'd love to use this support trend-line as key resistance to get short…
Crude Oil is bullish – but there are (2) reasons we can't trust these buyers, so I'll be looking for a buyer failure to sell short (or proof of a breakout!)
Each of these markets look ripe for a reversal, here’s the signal I'm looking for…
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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, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewards, but also large potential risk...
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