“Super Wednesday” Trading Strategy
The markets are setting-up with reliable chart patterns tonight, but with multiple news events all happening on the same day, tomorrow’s “Super Wednesday” session has the potential to be really GOOD, or really BAD… are you ready?
Crude Oil Wants That 2-Legged Pullback
Crude Oil is bearish into a trading-range, which tells me to look for selling-opportunities above the range, using the “range expansion” levels as key resistance.
E-Mini S&P Has Key Resistance Lined-Up
E-Mini S&P is bearish tonight into a range as well, and I would love to find a few entry set-ups to sell off the high of this Hidden Channel because it’s lined-up perfectly!
Nasdaq is Sitting on Key Support
Nasdaq is bearish into a narrow trading-range, which tells me to wait patiently for selling-opportunities above the highs.
I’m also watching for failed breakouts for the sellers too, because the measured-move target is just below this range, and id love to buy into the stops of those rookie sellers who get caught chasing the market lower.
Gold Wants to Drill Deeper (But Will It Hold?)
Gold is bullish into a trading-range, which tells me to look for buy set-ups using the expansion levels below the range.
Even more importantly, I can see a prior reversal-line that was missed by a few ticks earlier today, and something tells me that level is going to be a HOT SPOT tomorrow morning.
Euro Waits for the Pendulum Swing
Euro is bullish into a trading-range, but after the buyers failed their attempted breakout, the market is now swinging back down to the lows again.
Knowing this, my plan is to use the ‘pendulum swing’ to find the best levels to combine with buy set-ups on Wednesday morning.
“Remember where you have been and know where you are going. Life is not a race, but a journey to be savored each step of the way.”