May 19, 2015

7 Trades for Wednesday | Day Trading Crude Oil, Gold & Euro Futures 05/19/15

“Cherish your visions and your dreams as they are the children of
your soul, the blueprints of your ultimate achievements.” 
 
Notes for Tonight’s Newsletter:
Crude Oil 
Crude
Oil
is pushing higher ahead of tomorrow’s inventory report; Gold
is trying to test $1200 and the Euro
collapsed down to channel-lows and looking to rebound on Wednesday
are you ready for these trading opportunities?
Crude
Oil
is bearish this evening, but sitting right on channel-lows which means
we can expect buyers to jump all over this price ahead of tomorrow’s inventory
report.
Euro
Euro
is also sitting at the lows of a long-term bull-channel
which means we can also expect buyers to take this price higher, but don’t count
the sellers out of this game just yet because today’s move was VERY
strong
into the lows.
Gold
Gold
gave us a clear ‘undershoot’ of the bull-channel-highs today, which suggests
weakness from the buyers and tells us to expect price to continue pushing lower
down to the $1200 big-round-number and $1198
undershoot
-support areas.

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