September 28, 2020

Can Buyers Hold This Breakout? (Look for This!)

Can Buyers Hold This Breakout? (Look for This!)

We’re back to our desk for the final week of September and markets didn’t waste any time getting to work this morning with strong moves higher for the bulls…

But as of this evening’s closing bell, I’m seeing lots of ranges and resistance levels overhead, which has me wondering… can buyers hold this breakout?



E-Mini S&P Giving us Both Buy & Sell Setups for Tuesday

E-Mini S&P is bullish with a Spike & Range pattern, which tells me to look for buy setups using failure patterns below the range lows…

But that’s not the only clue for the Eminis;  a recent “failed rotation” is a big clue that these buyers may have reached exhaustion, so I’ll be looking for sell setups to get short with the proper trigger…


Crude Oil Is Bullish – But I’m Not ‘Buying It!

Crude Oil is bullish and trying for a breakout of last week’s trading-range; the range is a magnet, and with price trading near today’s high, I’ll be looking to get short with buyer failure patterns tomorrow morning…


Gold Bulls Have Strength, But Look Where We Are!?!

Gold is bullish and trying desperately to break free of last week’s trading-range, but we’re not quite there yet…

Look closely, and you’ll see Gold trading at three key resistance levels above the range, which tells me to plan on getting short with right entry setup tomorrow morning…


    schooloftrade

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