Breakouts, Failures & Reversals (Post-Election Plan)

We’re headed into (what could be) one of the most volatile trading sessions of the year tomorrow morning.  With the results starting to trickle in for the Presidential Election, I want to make sure my plan is ready for Wednesday…

Markets are bullish into the close this evening, but we’re trading at major resistance levels, which could easily hold for the bears…

Knowing this, I’m looking for bull breakouts, seller failures, and reversals patterns so I’m ready for battle tomorrow morning.  Are you ready for the craziness?  Here’s my plan…

E-Mini Buyers Have Control, But Can They Keep It?

E-Mini S&P is bullish into a trading-range, which tells us to look for buy setups using failure patterns below the range, or wait for a 123-breakout to confirm the next leg higher…

Crude Oil Buyers Look to Complete the Pendulum Swing..

Crude Oil is also bullish into a range this evening, telling us to look for bear traps to get long below the range or bullish breakout patterns to confirm the next leg higher…

Gold Buyers Would Love a Deep Pullback to Support…

Gold is bullish with a wedge pattern, which tells us to anticipate a deep pullback down to the “base” of the wedge, followed by seller failure patterns to get long before price snaps back to re-test the highs…