March 10, 2015

3 Short Trades for Tuesday | SchoolOfTrade Day Trading Newsletter 03/09/15


“The path to success is to take massive, determined action,
and never give up on your dream!”
Notes for Tonight’s Newsletter:

Markets are recovering
from the time-change this weekend and setting up more trading opportunities for
Tuesday
are you ready for this?

Crude
Oil
is bearish, and sitting on the round-number at $50/barrel.
 
Volume says we should go lower, and the recent bear-channel-break
says we should re-test the range-lows at 48.92 before going higher again.

Gold
is bearish after the collapse on Friday
, and we want to follow the trend lower but we see BIG
CLUES
in the volume and candlesticks that tell us this price is most likely
going to go higher before it goes lower.

Russell
is bearish in the long-term and sluggishly-bullish in the short-term.
 
Volume doesn’t confirm much as we go higher, so our plan is to stay
patient
and look for selling opportunities at the resistance levels
overhead.

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