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Major Futures Markets Day Trading Strategies
Crude 60-Minute |
Crude Oil has been full on bullish the past week or so seeing price climb higher and higher. This move up was stopped for a bit in a supply zone from 103.55 – 103.81 which we have fallen out of and are now resting in supply. I am looking to hop on with the bulls back up to 103.55 and up to the wedge highs to see if the sellers still have what it takes to hold price down. If we fall lower we can look to sell back to 102.71.
Euro 60-Minute |
The Euro has been on a bullish tear to the upside and consistently expanding the wedge highs. We have now fallen back a bit to the wedge lows also sitting in demand from 1.38866 – 1.3851. I am looking to buy this low right back up again to the highs of the wedge and higher to the previous swing up at 1.3903. If we fall lower we have another demand zone at 1.3846 – 1.3834 to hold price up.
Gold 60-Minute |
Gold has been stuck in this supply zone where we are seeing the sellers defend it. We have now broken above the wedge highs but not out of the supply zone showing possible failure once more back to lows. I am looking to sell this market lower back to demand at 1316.7 – 1314 as well as lower under that to the wedge lows and possibly further to the BMT sitting at 1307.5.
Russell 60-Minute |
The Russell has been caught up in a HUGE sell off from yesterday dropping price to new lows and also to expand the wedge lows. We are now pushing below that low and breaking even farther down. I am looking to hop on with the sellers down to demand from 1113.2 – 1109.5 as well as possibly lower if the sellers can really come back in with a vengeance.
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