Which Entry Pattern Works Best? (Watch the Cycle!)
We’re back to our desks after last week’s Quad-Witching break, and with a little more than a week left in September, I want to make sure we squeeze every last drop of the best entry patterns this week…
Knowing this, we saw some big moves on the charts today, which means we have sideways-ranges and breakout patterns on our radar for tomorrow; here’s my game plan…
E-Mini Buyers Would Love a Nice Deep Pullback…
E-Mini S&P is bullish with a strong, 123-Reversal pattern coming off today’s low, which tells me to look for buy setups off the low of a new bull channel tomorrow morning.
Crude Oil Sellers Will Use the Range as a Magnet…
Crude Oil is bearish into a trading-range, which tells us to sell using buyer failure patterns at resistance levels above the range on Tuesday morning.
Gold Sellers Waiting for Buyers to Get Trapped Long…
Gold is bearish and went three legs down today, which tells us to anticipate a trading-range developing near the low’s tomorrow morning. Knowing this, I’ll be looking to get short with a “nested” buyer-failure pattern early in Tuesday’s session.
