First published at 00:35 UTC on January 20th, 2022.
Oh boy, here we go again!
Everything’s bearish going into Thursday, and this “Slingshot Reversal” should have everyone excited for the next pullback…
Crude Oil is bearish – with price running back to yesterday’s range, there’s a slingshot reversal…
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Oh boy, here we go again!
Everything’s bearish going into Thursday, and this “Slingshot Reversal” should have everyone excited for the next pullback…
Crude Oil is bearish – with price running back to yesterday’s range, there’s a slingshot reversal pattern setting-up as we speak!
Emini ES is bearish – we just broke today’s pendulum-swing, so I'm excited to short the “first channel” test…
Nasdaq is bearish too – momentum isn’t as strong, so I'm waiting for a deep pullback into a “nested” buyer failure to sell into stops…
There’s no shortage of opportunity on Thursday – are you prepared?
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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 ..
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