Major Futures Markets Day Trading Strategies
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| Crude 60-Minute |
Crude Oil is at the wedge highs right now and pushing lower. We caught a bounce at the BMT at 105.33. I am looking to sell this back down to the wedge lows overall and targeting 105.33 – 104.86 on the way down. If we do end up pushing higher off this bounce I will be looking long above 106.40 to go back to the major wedge highs above.
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| Euro 60-Minute |
The Euro is at its wedge lows with a push past the BMT at 1.3302. I am looking to buy this back to the minor wedge highs and possible a bit further to the major wedge highs. If we continue lower, I would like to see us break below the 1.3267 first before looking short long term.
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| Gold 60-Minute |
Gold pushed through the wedge highs. I am looking for a retest of the wedge high as it is also sitting on top of a TZ Buy and a minor trend line. Overall, I am looking to buy this higher but I will need to be cautious as we have a lot of sell zones above us that may cause some problems on this move up.
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| Russell 60-Minute |
The Russell is at a previous Double Bottom area as well as a wedge low. I am looking to buy this back up to 1046.1 and further to the BMT at 1048.0. I will be looking short if we can break below 1035.8 and CLOSE below it with some conviction.
