Archive
Monthly Archives: April 2016
Monthly Archives: April 2016
Click here to download today’s charts “I am an optimist. It does not seem too much use being anything else.” – Winston Churchill Notes for Tonight’s Newsletter: All of our markets have bullish momentum leading into tomorrow’s session; Crude, Gold and Euro both trading inside channels and the E-mini S&P is trying to recover from […]
Continue readingToday we see the sellers open up with an initial HEAVY sell emphasis to try to drive the market lower but when they ran into support and failed, everyone and their great aunt exited the move causing a huge spark upward again. Buyers then began to see this failure from the sellers and accumulate everything […]
Continue readingToday we have a very wide range feeling market with a HUGE run higher by the bulls ending with the biggest bull candle of the session which will likely get buyers out of their positions with them seeing it as free money from the markets. These types of areas, when taken in context, give some […]
Continue readingClick here to download today’s charts “The secret to life is meaningless unless you discover it yourself.” – W. Somerset Maugham Notes for Tonight’s Newsletter: Markets are reacting to the FOMC Announcement this afternoon; Crude Oil and the S&P are both bullish and trying to re-test their highs, while the Gold and Euro are both […]
Continue readingToday we have a VERY obvious trading range that we failed to breakout from leading into today’s movement. This gives us clues that we need to continue buying low and selling high and assume all breakouts are likely going to fail. This is where inexperienced traders have the most difficult time because right when it […]
Continue readingToday we see a VERY well defined range on the S&P 500 Futures with a huge bull move up towards the highs that ended with absolutely no continuation showing buyers completely falling apart. This is very indicative of a range type day allowing us to sell into the range high buyer failure to push the […]
Continue readingClick here to download today’s charts “Life is not about ALL the wrong moves you made; Life is about the one right move that made ALL the difference.” – James Lockhart Notes for Tonight’s Newsletter: Markets are preparing for a day filled with FOMC and Inventory News tomorrow; Crude Oil is bullish with a triple […]
Continue readingToday we see Crude Oil stuck in a range most of the morning with buyers and sellers battling over the extremes and fading all moves that occur through them. We see a complete shift in sentiment with buyers taking control of the move and buying the pullback which gave a gorgeous signal to become buyer […]
Continue readingToday on Crude Oil we see a beautiful drive up off the lows but with almost TOO much strength and the buyers getting a bit exhausted. This gives us a very big clue on how to play this move going forward. The bounce off the channels in combination with the exhaustion means we need to […]
Continue readingClick here to download today’s charts “In warfare there are no constant conditions. He who can modify his tactics in relation to his opponent will succeed and WIN.” – Sun Tzu – The Art of War. Notes for Tonight’s Newsletter: Crude Oil is bearish this evening but we’re trading into the measured-move target which means […]
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