Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is pushing into the lows of the channel but hasn’t tested it yet. I am looking to sell on the way down for a test of the channel low as well as a possible push lower to 103.27 – 102.93. If we end up moving higher I will be looking long if we can move back above the wedge low.

Euro 60-Minute

The Euro is pushing higher and is coming off of the channel highs. I am looking to sell this back short to 1.3348 – 1.3329. We did just break and close firmly above the major swing high from the 31st so if we see a push higher once more, I will also be looking for buying opportunities.

Gold 60-Minute

Gold is pushing higher into the wedge highs right now. I am looking to buy this up to the wedge high around 1295 and if we get some big buyers to hop in, we might see a move up to 1301.5 to test the BMT. If we do push lower I will only be looking short if we fall below 1288.3 or lower.

Russell 60-Minute

The Russell is currently inside the major TZ Sell Zone and it seems to be getting hung up around the BMT. It is VERY sloppy in this area right now. I am looking to sell this back down to the wedge low and possible a bit lower to 1040.5. If we continue higher, I will be looking long above the TZ Sell Zone to go back to the wedge highs up to 1056.6.

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