Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil Futures are hung up in an interesting place. We have a HUGE overhead channel that we bounced off of, but we are also forming a short term bullish channel. I am looking to sell long term but buy at the minor channel lows.

Euro 60-Minute

The Euro caught a nice bounce off the major channel lows below us and is now chopping around a bit. We did also bounce a HUGE double bottom location at the lows of 1.2806. With as bearish as this move has been, it wouldn’t surprise me to retest that low, but using the technicals I am looking to buy first on a test of the trend line below but I have a feeling selling is more in order here.

Gold 60-Minute

Gold has formed a VERY  nice wedge and is hung up right at the breakout point. I am looking to buy a retest of the wedge high to take this back up to around 1267.0.

Russell 60-Minute

The Russell is STILL hung up in the middle of its channel and is now forming a minor trend line at the highs. If we don’t start seeing this move higher we might just have a failure on our hands. I am looking to sell short term at the minor trend line highs above but looking to buy at the channel lows.

Come join us in the room and see how we do it!