Archive
Monthly Archives: February 2016
Monthly Archives: February 2016
Selling the Fake Break of the highs of the range in a downward move allowed us to pick up 83 ticks this morning! In today’s video we see the E-Mini S&P 500 Futures dropping lower on a VERY slow range bound day and attempting a break higher. This gave us an opportunity to sell the […]
Continue readingDow 800V The Dow had a very firm range on the day with little to no movement causing a descending wedge formation. This finally gave a breakout up moving into a 2L to attempt to push price back to highs. Overall this gave a move up for 10, 14, and 20 ticks back to S/R […]
Continue readingGold 512V Gold had a great run higher on a bull channel which got a bit congested with a wedge pattern formation. This ultimately gave a breakout up with the channel direction for a 2SF to push up. Overall this gave a move higher for 10, 13, and 80 ticks at the channel high targets! […]
Continue readingCrude 1000V Crude Oil had a range for most of the morning which led into a tightening and wedge pattern formation. This gave a HUGE bull breakout of the wedge into a 2L back up to the highs once again. Overall this gave a move up for 10, 17, and 34 ticks back to the […]
Continue readingEuro 1597V The Euro had a nice bear channel working lower holding price down the hole drop lower. This gave a test of the highs of the channel for a sell push back down on a 2S. overall this gave a move lower for 10, 30, and 1 tick back to lows on lack of […]
Continue readingClick here to download today’s charts “Most people fail in life because they major in minor things.” Notes for Tonight’s Newsletter: Crude Oil is bullish with a channel and measured-move higher today. This price is well overbought at these highs, so we will be waiting for a bearish correction to a cheaper price before we […]
Continue readingBuying the Megaphone Pattern Lows allowed us to pick up a HUGE run higher for 299 Ticks! In today’s video we see the Crude Oil Futures holding the Megaphone Pattern lows with aggression. This gave us an opportunity to buy the strength up for $2,990 on the move back up! Watch more videos on Day […]
Continue readingDow 800V The Dow had a huge run up this morning on bull rotation keeping a VERY strong buy sentiment. This gave a pullback to the lows of the S/CH highs which caused a FBL and a move right back up on the 2L. Overall this gave a move up for 10, 15, and 64 […]
Continue readingGold 512V Gold had a lazy bull channel working up off the lows with buyers pushing higher. This gave a move down on a correction to channel lows for a 2SF off the lows with a slight delay for confirmation. Overall this gave a move up for 10, 19, and 24 ticks back to the […]
Continue readingCrude 1000V Crude Oil had a strong bull move off the lows shutting down the sell move and forming a bull channel up. This gave a pullback for a 2CT bounce and a 2L to ride the move right back up to highs. Overall this gave a move up for 10, 25, and 49 ticks […]
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