First published at 23:25 UTC on April 8th, 2021.
Are you ready to get long on Friday morning?
Not so fast – before you go chasing these markets higher, let’s take a closer look because it appears the “easier money” might be getting short to finish the week…
Why? Because when you combine this we…
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Are you ready to get long on Friday morning?
Not so fast – before you go chasing these markets higher, let’s take a closer look because it appears the “easier money” might be getting short to finish the week…
Why? Because when you combine this week’s ranges (magnets) with today’s bull breakouts, and some major resistance levels overhead, you have a recipe for short-selling success…
The only challenge is – the bulls have all the momentum. So I'll need to be patient for only the best reversal setups tomorrow morning. Let me show you how to find 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 the risks and be willing to accept them in order to invest in the fu..
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