January 5, 2021

Can Buyers Hold This Rally? Trading Top-Heavy Markets

Trading Top-Heavy Markets

Markets are bullish going into Wednesday’s trading session, but there are lots of reasons to be careful buying the highs of today’s rally…

What’s the best way to trade these top-heavy markets?  The key is to anticipate where the buyers will be looking for entries, and get short into their stop-losses.  I’ll show you how in tonight’s video.  Are you ready?



E-Mini Buyers are Struggling at Today’s High, Sellers Looking for Ways to Get Short Back to the Range…

E-Mini S&P is bullish, but with price testing major resistance, and today’s trading-range acting as a magnet below, it’s hard to justify getting long up here.  Knowing this, I’ll be looking for ways to use buyer failure patterns to get short off these highs, I just need to stay patient for the entry…


Crude Oil Buyers Need to Stay Patient on the Pullback, Sellers Will Be Watching for the 123-Reversal…

Crude Oil is bullish into a trading-range after a strong run higher today.  It’s tempting to get long on the next pullback, but with price “rotating off the high”, I’ll be waiting for sellers to try twice with a nested failure pattern before I commit to the long side on Wednesday…  


Gold Buyers Need to Be Careful Up Here, Sellers Will Be Looking for Ways to Get Short into Stops…

Gold is bullish and just completed a triple measured-move, which is usually a sign of exhaustion.  Combine that with yesterday’s range still acting as a magnet below us, and I’ll be looking to get short off these highs with a 2-try nested failure pattern tomorrow morning…


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