We’re heading into OPEX Friday tomorrow morning which means our window of trading opportunities will be smaller, and we’ll need to stay patient for the best entries…
Speaking of entries, we’re still using the same trading-ranges from earlier in the…
We’re heading into OPEX Friday tomorrow morning which means our window of trading opportunities will be smaller, and we’ll need to stay patient for the best entries…
Speaking of entries, we’re still using the same trading-ranges from earlier in the week, and our plan will remain the same; sell above the range with buyer failures and buy below the range with seller failures, adjusting our entry setups based on momentum and location…
The only real wild-card for tomorrow is this pending COVID Relief Plan, which is expected to be announced sometime this evening, which may send shockwaves through these markets overnight…
But not to worry, I have the charts prepped and the plan is ready no matter what they throw at us going into OPEX. Are you with me? Let’s get started, I'm excited to finish the week with a bang!
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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 advi..
