Trade it, or Fade It – Watch this Key Indicator
I see a lot of range-bound markets on the charts this evening, which tell me to look for failures and breakouts on Tuesday…
Speaking of breakouts, there’s one in particular that has me asking – “Should I fade it, or trade it?”
Oil Sellers Have a Bullseye on $22.00…
Crude Oil is bearish with a range, telling me to look for sell setups above the range or wait to buy a crown reversal below the range tomorrow morning…
E-Mini S&P Bulls Want That GAP Re-Test…
E-Mini S&P is bullish as it rotates off the low of today’s low, but look closely and you can see we’re in a big range today, reminding me to fade the bull breakout, rather than trying to trade it…
Gold Bulls Look Strong – Trade It, Or Fade It?
Gold is bullish with a strong bull breakout of today’s range, telling me to anticipate another leg higher, and look for entry using a seller-failure pattern.