Bulls have control after a wild session today, but sellers just stepped-in trying to take it back! “Transitional markets” like these tell us one thing – the biggest profits will be running stops!!
Emini and Nasdaq are bullish into a range – I&#x…
Bulls have control after a wild session today, but sellers just stepped-in trying to take it back! “Transitional markets” like these tell us one thing – the biggest profits will be running stops!!
Emini and Nasdaq are bullish into a range – I'm definitely watching for a breakout going lower, but I'd love to run their stops for an easy short squeeze higher!
Crude Oil is bullish into a range – sellers are trying to take control off the highs, but this “hidden channel” might give us a huge stop run!!
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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 futures and options markets. Don't trade with money you c..
