First published at 01:11 UTC on December 7th, 2021.
Welcome back – let’s get to work!
Everything’s bullish going into Tuesday morning, and with such a strong run higher today, it's safe to assume everyone’s looking for pullbacks…
Emini is bullish, and a resistance trend-line tells me to look f…
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Welcome back – let’s get to work!
Everything’s bullish going into Tuesday morning, and with such a strong run higher today, it's safe to assume everyone’s looking for pullbacks…
Emini is bullish, and a resistance trend-line tells me to look for a 2-legged pullback for the best entry…
Nasdaq is bullish, and this afternoon’s trading-range tells me the best pullback will likely be a “seller failure” below the range…
Crude Oil is bullish too, and with today’s range well below us, I'll be looking for a breakout-pullback entry as well…
And don’t count out the sellers – no matter how strong this bull trend is, there’s always potential for a reversal. Here’s my favorite…
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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 als..
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