June 2, 2015
- in Uncategorized by schooloftrade
8 Trades for Wednesday| Day Trading Crude Oil, Gold, E-mini & Euro Futures 06/02/15
“Change your thoughts and you change your world.” –Norman Vincent
Peale
Peale
Notes for Tonight’s Newsletter:
Crude Oil and E-Mini
S&P are bullish,
while Gold and Euro are bearish
as we go into Wednesday’s trading session… are you ready?
S&P are bullish,
while Gold and Euro are bearish
as we go into Wednesday’s trading session… are you ready?
Crude
Oil is bullish in the short-term, but the long-term bearish trend will keep us watching for the bulls
to fail on pullbacks to support. We have some easy targets for the bulls around
$62.00
and a lot of room to tumble lower if those bulls fail!
Oil is bullish in the short-term, but the long-term bearish trend will keep us watching for the bulls
to fail on pullbacks to support. We have some easy targets for the bulls around
$62.00
and a lot of room to tumble lower if those bulls fail!
E-mini
S&P is bullish long-term but sideways short-term and our plan is to keep buying the
lows of the range and taking profit at resistance
levels overhead until we break the ‘line in the sand’.
S&P is bullish long-term but sideways short-term and our plan is to keep buying the
lows of the range and taking profit at resistance
levels overhead until we break the ‘line in the sand’.
Gold
is bearish in the long-term but trading sideways in the short-term; our plan is to sell the highs of the
range, and ‘fade’
all breakouts by the bulls until this situation changes.
is bearish in the long-term but trading sideways in the short-term; our plan is to sell the highs of the
range, and ‘fade’
all breakouts by the bulls until this situation changes.
Euro
is still bearish, even after today’s massive move higher; our plan will be to get short back
to test the moving-averages
and support levels, and then look for buyers to fail from there!
is still bearish, even after today’s massive move higher; our plan will be to get short back
to test the moving-averages
and support levels, and then look for buyers to fail from there!
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