Too Early to Buy the Bounce? 4 Patterns for Thursday
Long-term trends might be bearish, but from what I’m seeing on the charts tonight, the buyers hold all the cards for tomorrow morning…
With Crude Oil sitting just below the weekly range, Gold sitting pretty in a bullish triangle, and bullish rotation coming off the low on the Eminis, I keep asking myself – is it too early to buy this bounce? Here’s my plan for Thursday…
Continue readingEquity markets collapsed this afternoon on increased tensions between the US and China, but its not just the Eminis, Crude Oil and Gold are showing signs of struggle also, which means there’s a lot of opportunity going into Wednesday…
Continue readingWe’re back to our desks for another busy week in the markets, and in tonight’s newsletter, I’m seeing two hidden clues on Crude Oil and Eminis that might be the most important advantage going into Tuesday…
Continue readingHidden Clues Ahead of Non-Farm Payrolls
We’re headed into one of the biggest news days of the month tomorrow morning, with Non-Farm Payrolls being released shortly before the opening bell…
But the most important thing I see for tomorrow has nothing to do with the news, it’s all about the “hidden clues” I’m seeing on my favorite markets – do you see them to? Let’s take a look…
Continue readingHas this bull rally finally come to an end? It certainly looks that way at first glance, but dig deeper into the charts and you’ll see the buyers are still in a very good position to keep this rally alive…
The bears have momentum on their side, but with trading-range on the charts, we’re only a couple seller failures away from snapping back up to the highs tomorrow morning – here are my favorite setups for Thursday – let’s go!
Continue readingI’m seeing lots of ranges on the charts this evening, which is great, because the strategy for range-bound markets are very simple; buy low, sell high, and avoid the middle…
But how do you know which entry setup works best to buy low and sell high? It all boils down to one simple tool, and that’s the topic of tonight’s newsletter – are you ready? Let’s go!
Continue readingWe’re back to our desks for a busy first week of May; we have a lot of major news on the schedule and everyone’s watching to see how the re-opening of the economy will play out this week, but most importantly…
Our favorite markets finished today’s sessions up near their highs; Crude Oil and Emini ES finished with strong bull breakouts and Gold is trading sideways inside a bullish range…
With all this bullish momentum, my plan is to buy pullbacks off these highs, but I’m not talking about picking tops and bottoms, we can do a lot better than that – let’s go!
Continue readingDon’t let tomorrow’s holiday fool you – the markets are filled with opportunity as we begin a new month of May on Friday morning…
Speaking of Friday, Gold and Emini ES are collapsing with big open spaces to run, while Crude Oil is holding strong just below the 20 target – are you ready for May Day? Let’s go!
Continue readingOptimism appears to have taken hold of these markets, because everything “caught a bid” ahead of today’s FOMC Announcement and they never looked back…
With Crude Oil, Eminis and even Gold showing us strong bullish sentiment going into the end of month, I want to make sure we’re ready for bull breakouts, sideways ranges, and DEEP pullbacks off these fresh highs – are you ready?
Continue readingWe’re headed into the FOMC Announcement on Wednesday afternoon, which means we need to find the best setups before lunch tomorrow morning…
More importantly, the charts are messy tonight, and I can see a handful of traps you’ll need to avoid if you’re going to end tomorrow in the green – are you ready? Let’s go…
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