3 Ways I Use Momentum

Markets are bullish going into Wednesday’s trading session, and with such strong momentum going higher, I have three basic scenarios I’m getting ready for…

Crude Oil is Running into Resistance!

Crude Oil is bullish into a range, which tells me to look for buying opportunities at both the highs and lows of the range with the correct entry pattern.

E-Mini S&P Says Look for the DEEP Pullback

E-Mini S&P is bullish with a Spike & Channel, which tells me to look for buying opportunities after a DEEP pullback, reminding me to watch momentum closely during the pullback.

Nasdaq May Have Failed Off the High

Nasdaq is bullish and failing at the high of a range tonight, which tells me to wait for momentum to swing back to the low of the range before I start looking for buying opportunities on Wednesday.

Gold is a Runaway (But Will It Last?)

Gold is bullish with strong momentum running higher, but the real clue is what we DIDN’T see on the chart tonight, which gives me two possible scenarios for tomorrow morning.

Euro is on a Mission to the Measured-Move

Euro is bullish with a strong breakout above last week’s range, and my plan is to use this momentum to buy pullbacks on the way to the measured-move target.

“Only by contending with challenges that seem to be beyond your strength to handle at the moment will you grow more surely toward the stars.”