Which Entry Setup Works Best? Here’s the Clue

I’m seeing lots of ranges on the charts this evening, which is great, because the strategy for range-bound markets are very simple; buy low, sell high, and avoid the middle…

But how do you know which entry setup works best to buy low and sell high?  It all boils down to one simple tool, and that’s the topic of tonight’s newsletter – are you ready?  Let’s go!

How Much Longer Can Oil Keep Climbing?

Crude Oil is bullish and finished the session with a breakout above this afternoon’s trading range – telling us the buyers have control and we should be looking for buy setups off reliable support levels on Wednesday…

The range is the big clue here, telling me to look for either breakout patterns or deep pullbacks to get long tomorrow morning…

Can the E-Mini Buyers Hold This Pullback?

E-Mini S&P is bullish overall, but this recent pullback off today’s high is strong enough to give the sellers the momentum they need to take price lower tomorrow morning…

My plan is to use that bearish momentum against the sellers, looking for opportunities to buy into their stops for a short-covering rally back to the highs..

Gold Buyers Looking for a Full Rotation…

Gold is bullish and rotating off the lows of an expanding triangle, likely headed back to re-test yesterday’s high at 1726…

Knowing this, my plan is to use a 2-try trap pattern to get long before we finish the move, or I’ll have to wait for buy setups below the range if we get stuck in the middle…