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Major Futures Markets Day Trading Strategy
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Crude 60-Minute |
Crude Oil has a lot going for it right now. We just rejected the BMT AND we keep making higher highs before testing the major wedge low. That tells me there is a lot of strength in this market. I want to buy pullbacks in the longer term, but I am selling resistance above short term.
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Euro 60-Minute |
The Euro has been a TANK for the past month and it is starting to look a little top heavy. I am looking for buy opportunities in the long run to stay with the trend, but playing short trades when they come up.
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Gold 60-Minute |
The Gold Futures are following suit from the Euro and are in the middle of nowhere. I am sitting on hands until I see price move with some conviction.
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Russell 60-Minute |
The Russell as well as the other indices have been getting a smack down lately. I am looking to sell the highs of this minor wedge high targeting the BMT on the way down.