First published at 00:35 UTC on November 24th, 2021.
One day left before the Holiday, are you ready?
We have some great patterns setting-up on the charts tonight, and plenty of news to get these markets moving ahead of the Holiday…
The Emini and Nasdaq are bullish and trying to complete their “pendu…
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One day left before the Holiday, are you ready?
We have some great patterns setting-up on the charts tonight, and plenty of news to get these markets moving ahead of the Holiday…
The Emini and Nasdaq are bullish and trying to complete their “pendulum-swing” reversal off today’s low – I'll be looking for traps and seller failures to get long…
Crude Oil is bullish into a range – I'll be looking for ways to “trap in the bears” below today’s trading-range, or buying breakouts on the way back to $80…
Keep in mind – we often see strange things the day before a major Holiday, and a “Holiday Reversal” is always one of them.
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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. You must be aware of th..
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