Markets are RED HOT going into Friday’s trading session, with most of our favorite markets going back to the market's objective, which gives us all the information we need to formulate a reliable plan for Friday’s session.
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Le…
Markets are RED HOT going into Friday’s trading session, with most of our favorite markets going back to the market's objective, which gives us all the information we need to formulate a reliable plan for Friday’s session.
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Crude Oil just completed the market's objective, so we’re waiting for the bulls to take profit, and looking to re-load again down at a key support trend-line.
E-Mini S&P just re-test its major resistance, and even with such a strong move higher, I don’t want to buy these highs, so I’m waiting for a pullback to the low of the channel for buying opportunities tomorrow morning.
Nasdaq is just a few inches away from completing its re-test of yesterday’s high, which means I’m looking for DEEP pullbacks for buying opportunities on Friday.
Gold is bearish and running quickly back to the range low, and my goal is to find some bull-traps for selling-opportunities before we get there tomorrow.
Euro appears to be bearish this evening, but after digging deeper, it’s easy to see this bear market might just be a beautiful buying opportunity for Friday morning.
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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. T..
