Pre-Market Moves, Best Set-ups & Traps to Avoid

Today’s big pre-market moves lead into range-bound markets on Tuesday, and with the bears in control, the plan is to fade the breakouts; buying low, selling high, and waiting for failures – are you ready? Let’s go…
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Crude Oil is bearish into a range-bound market this evening, which tells me to look for sell setups using buyer-failures around the highs of this range.

E-Mini S&P is bearish and sitting at the low of today’s big run lower, which isn’t a very reliable place to sell, so I'm going to stay patient and look for sell setups above the moving-average when the buyers try calling a bottom…

Nasdaq is bearish into a triangle/range this evening, which tells me to look for entries around the “edges” of the triangle, buying low and selling high with failure setups.

Gold is bearish after buyers tried twice (and failed) to hold today’s highs, but now we’re oversold after a strong run lower, so I need to wait for the next pullback and see if I can't sell the high of a new hidden-channel.
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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...