day trading opportunites on crude oil, gold, russell and euro futures

Mini-Russell Futures will look to buy the lows of the price wedge above the 700.00 level or we will sell below 96.8.  This will complete the mission we designed earlier this morning.

Gold futures trading inside the reversal zone so if we make new higher-highs we buy pullback, with new lower-lows we sell retracement.  Above the zone we get long above 1651.0 with the final target of PLOD 1665.4.  Below the zone we get short below 1642.5 and final target is 1629.0 just above that major support on the 89r.

Euro currency futures we are below the reversal zone found from the price channel break structure so we are looking for the dollar index to make new higher-highs which will give us the short position on the Euro below 3645.  Sell down to the major support at 3573 take some profit and then try and hold this down to the trend line support inside the ‘trigger zone’ at 1.3500 area.  If price rises from where we are currently I am buying once we make it above the PLOD, and I will hold that long position up to the PHOD where I will take profit and then sell the PHOD as resistance.  If we break above the PHOD I will be careful trying to buy until I get above the 3925 resistance overhead.  Look for the fake-out breakout above the PHOD and look to sell the failure if the buyers cant push it higher, sell below the PHOD.

Crude Oil futures trading above the PHOD you will buy pullbacks but beware the channel highs overhead will be major resistance, so looking to sell the channel highs, and then selling again as price drops back below the PHOD making this a failed breakout of the highs