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Monthly Archives: May 2020
Monthly Archives: May 2020
Tomorrow is the Final Friday of May, which combines the end of the week with the end of the month, and usually means a lot of great volatility…
But there’s a black cloud hanging over these markets – two big obstacles the markets need to overcome for the best setups tomorrow – here’s my game plan to finish the month strong, let’s get started…
Continue readingWow – we got some strong moves into the closing bell this evening, and all that momentum tells me there’s likely another leg coming tomorrow – but where’s the best pullback entry?
Do I get aggressive with a shallow pullback? Wait for a deeper pullback? Or maybe try predicting a reversal? It all depends on the market’s context, and I’ll show you five reliable setups I’m watching for Thursday – lets get started…
Continue readingWe’re back to our desks after the Holiday Weekend, and with the week starting with such strong moves higher, I would expect to see a “snap back” to allow traders into this market at a better price…
Knowing this, I’ve marked up the most important support/resistance levels for tomorrow and I’m excited to share my favorite setups – let’s jump in…
Continue readingWe’re headed into a Holiday Weekend, which means our window of opportunity will be much smaller, and we’ll have to be disciplined tomorrow morning…
Speaking of disciplined, there are traps GALORE on the charts tonight, so we need to “thread the needle” to finish tomorrow in the green – are you with me?
Continue readingI’m seeing mostly spike and channel patterns on the charts tonight, which means breakout and failed breakouts will be the key to success on Thursday…
Knowing this – my focus shifts to finding the most reliable support/resistance levels, and I have three key trend-lines on my radar – are you watching these too?
Continue readingMarkets stumbled a bit today – with Crude Oil barely treading water and the Eminis making fresh lows, it feels like this rally might be over…
But not to worry, because I have a reliable plan for both directions, let’s get started…
Continue readingMarkets were drunk on the “virus vaccine kool-aid” to start the week, with strong bullish moves on Crude Oil and Emini ES, and Gold running lower the entire session…
Knowing this, I’m looking buy key support levels on Oil and Eminis, while selling the rips on Gold – but the entry points aren’t as clear – unless you know where to look – here’s the plan for Tuesday…
Continue readingCan I Trust This Breakout? Here’s the Secret
Getting ready for Friday’s trading session, and I keep asking myself – “can we really trust these bull breakouts?”
Crude Oil, Emini ES, and Gold all got the bounce we expected today, but ONE of them doesn’t look as solid as the others, and I want to show you why, here’s my plan for Friday…
Continue readingToo Early to Buy the Bounce? 4 Patterns for Thursday
Long-term trends might be bearish, but from what I’m seeing on the charts tonight, the buyers hold all the cards for tomorrow morning…
With Crude Oil sitting just below the weekly range, Gold sitting pretty in a bullish triangle, and bullish rotation coming off the low on the Eminis, I keep asking myself – is it too early to buy this bounce? Here’s my plan for Thursday…
Continue readingEquity markets collapsed this afternoon on increased tensions between the US and China, but its not just the Eminis, Crude Oil and Gold are showing signs of struggle also, which means there’s a lot of opportunity going into Wednesday…
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