Find Hidden Support & Resistance

We’re getting prepped for Friday’s trading session, and with the holiday on Monday, we know tomorrow is most likely going to be a short, but explosive trading session – let’s get ready!

Crude Oil is bullish with a strong spike higher, so my plan is to wait for buying opportunities after a ‘2-legged pullback’ down to the hidden support level at 52.10.

E-Mini S&P is bullish and trying to re-test the high, but the lack of strength from the buyers tells me it’s most likely going to be the SELLERS that provide the fuel for the next leg higher.

Nasdaq is bullish within a narrow range, so I’ve added my range expansions and waiting to find set-ups using those hidden support levels tomorrow morning.

Gold is bearish with a triangle, but the big clue is a recent failure from the sellers, which prompts me to look for a bullish correction before selling back down again.

Euro is bearish with a range, telling me to look for selling-opportunities overhead, and I have my eye on the high of a Hidden Channel.

Crude Oil is Looking to Re-Test Its High

Crude Oil is bullish with strong momentum, which tells me the odds are high that we see a ‘2-legged pullback’ and a re-test of today’s high in the short-term.

The reversal-line will make for an excellent location to look for long set-ups tomorrow morning.

The Hidden Channel is a great way to find “hidden levels” of support and resistance on this chart to combine with my favorite entry patterns.

E-Mini S&P is Getting Too High to Buy

The E-Mini S&P is bullish with strong momentum, but the buyers are getting a little too high to buy near the highs at this point so I want to wait for a pullback.

The measured-move provides an important hidden level of support and resistance that I can use on both sides tomorrow morning.

The E-Mini S&P looks like it may start going sideways with a range, and if it does, the next step is to buy below the range using the 2-Try Failure pattern.

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Nasdaq is Range-Bound Just Below the High

The Nasdaq has strong bullish momentum, which tells me to look for long set-ups using support levels, especially hidden support levels.

The trading-range is the big clue, telling me to avoid buying as price goes higher and wait to buy down near the reversal-line, which is consider a perfect level of hidden support.

Gold is Range-bound with a Triangle

Gold has a slight bearish momentum tonight, which tells me to look for selling-opportunities up at resistance levels overhead.

The triangle is basically a range, which tells us to look for selling-opportunities using buyer-failures up above the range high tomorrow morning.

If we do push higher, I can see a hidden resistance area up around 1295, which will make for an easy sell off the highs with the right entry.

Euro is Bearish with a Hidden Channel

The Euro has slight bearish momentum, which tells me to look for selling-opportunities up at the high of this Hidden Channel.

The trading-range is the big clue, which tells me to look for selling-opportunities after the buyers try to breakout above the range.

The Hidden Channel is a great level of resistance overhead, and I would love to combine with a short entry set-up for a sell back down into the range.