June 8, 2015

6 Trades for Tuesday | Day Trading Crude Oil, Gold, E-mini & Euro Futures 06/08/15

“Strength does not come from winning. Your struggles develop
your strengths. When you go through hardships and decide not to surrender, that
is strength.”
Arnold Schwarzenegger
Notes for Tonight’s Newsletter:
Markets are reacting to last week’s Non-Farm
Payroll
news, and we have plenty of great trading opportunities
to look for on Tuesday… are you ready?
Crude
Oil
is bearish and coming off the highs of the bear-channel
; sellers are looking for new
opportunities to trade down to the lows of
the range
around key round numbers.
E-mini
S&P
is bearish but oversold at the lows of
a channel
so the
sellers need to stay patient while buyers need to grab it quickly before the
next push down!
Gold
is bearish inside a channel
and our plan is to look for selling opportunities using resistance
levels at the highs
of the channel
for new selling opportunities.
Euro
is bullish but overbought
after today’s big move higher
so sellers will look for opportunities in the short-term
before buyers come back in at support levels below.

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