Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil has pushed back up to the wedge highs where we had the sellers come right back in to push price lower off of that area. I am looking to hop on with these sellers to sell this market lower to demand sitting down at 102.71 – 102.37 as well as the wedge lows in the mix. If we push back higher for another retest we can also look long if there is strength up to supply starting at 104.24.

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Euro 60-Minute

The Euro has pushed into a supply zone that we really haven’t seen defended. I would basically call this zone broken at this point. We are also expanding the wedge highs so I will be looking long with these buyers up to the next supply zone sitting up at 1.3915 as we edge ever closer to the big 1.400. If we do fall back down again we can looking to sell down to demand from 1.3846 – 1.3034.

Gold 60-Minute

Gold had a very strong rejection at the BMT back at 1304.3 where we saw the buyers SMASH price higher to expand the wedge highs right back up again. I am looking to go long with these buyers up to supply at 1328.8 – 1330.5 but we also should be seeing a corrective move for some profit taking so I will also consider short trades back to demand at 1312 – 1311.

Russell 60-Minute

The Russell has gotten a strong push higher from the buyers to push price straight into the BMT sitting at 1157.3 where we are seeing the sellers come in to defend that area. I am looking to hop on with the sellers back to the previous swings down around the 1140’s but since we are in the middle we have to be conscious of long opportunities above the BMT to the wedge highs around 1165 or so.

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