Archive
Monthly Archives: January 2016
Monthly Archives: January 2016
Dow 800V The Dow worked its way lazily down all morning with a bear channel holding price lower. This gave a test of the highs for a BOPB leading to immediate selling on a 2S back lower. Overall this gave a move down for 10, 19, and 75 ticks to midline support targets! Make sure […]
Continue readingGold 512V Gold had a range wedge this morning that had a breakout higher with buyers proving their conviction. This gave a 2SF to push price all the way up to new highs on huge bull strength. Overall this gave a move up for 10, 18, and 44 ticks back to highs at the major […]
Continue readingCrude 1000V Crude Oil had a gorgeous run lower on news which saw a profit taking rally afterword and rising bull support. This gave a test of the lows and immediate buying pressure for a 2L back up to highs. Overall this gave a quick move up for 10, 15, and 22 ticks to new […]
Continue readingEuro 1597V The Euro had a great push higher off the lows on a strong breakout higher and bull channel support. This gave a quick snap test of the channel and a 2L to jump on board and ride the move back up to highs. Overall this gave a move higher for 10, 13, and […]
Continue readingClick here to download today’s charts “To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence.” Notes for Tonight’s Newsletter: Crude Oil is bearish and rotating higher off the lows of a major bear […]
Continue readingSelling the Last Chance WAVE Pattern this morning gave us a gorgeous move down for 214 ticks on the trade! In today’s video we see the E-Mini Dow Futures working aggressively higher but in pullback mode as earlier buyers take profit. This gave us an opportunity to sell the Last Chance WAVE down for $1,070 […]
Continue readingDwo 800V The Dow had a HUGE run higher off the lows with major bull support following price up. This gave a 2CT bounce off the lows for a 2L delay to ride price right back up again. Overall this gave a move up for 10, 29, and 48 ticks back to the HOD targets! […]
Continue readingGold 512V Gold had a nice move down but bulls took profit leading into the bull correction higher. This gave a test of channel lows for a bounce higher into a 2L looking for the highs. Overall this gave a move up for 10, 14, and 19 ticks on the channel test targets! Make sure […]
Continue readingCrude 1000V Crude Oil had a HUGE bear move off the highs with massive channel resistance falling with price. We had a 1CT fire off on the retrace for a 2S to drop price back down to new lows. Overall this gave a huge run down for 10, 24, and 65 ticks to channel low […]
Continue readingEuro 1597V The Euro had a range start to the day which broke out lower into a bear S/CH formation. This gave a test of the highs for a 2LF to push price right back down to the lows again. Overall this gave a move lower for 10, 17, and 27 ticks back to the […]
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