Welcome back to the action – did you see that move today!?
The Eminis are both bullish after a miraculous reversal off today’s low – sellers appear to be ‘trapped’ with nowhere to run, which means there’s ONE special setup I don’t wanna miss…
Crud…
Welcome back to the action – did you see that move today!?
The Eminis are both bullish after a miraculous reversal off today’s low – sellers appear to be ‘trapped’ with nowhere to run, which means there’s ONE special setup I don’t wanna miss…
Crude Oil is bearish, but look closely and you'll see we’re sitting at major support levels below multiple ranges – ranges act like magnets, so I'm looking for ways to trap in sellers and ride the pendulum-swing higher…
And don’t forget – we have Jerome Powell’s testimony tomorrow morning so we need to “trade around” that news. Let me show you how…
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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 the risks and be willing to accept..
