OPEX Trading Strategy (Capitalize on Volatility)

We only have two days before options expire (OPEX) on Friday, which means volatility levels will increase along with trading opportunities on our favorite futures markets. 

Today’s markets all finished with trading-ranges, which means we’re looking for failures and breakouts on Thursday morning.  Are you ready? 

E-Mini Sellers Look to Short the Next Pop…

E-Mini S&P is bearish into a trading-range, which tells me to look for short setups at key resistance levels above today’s trading-range.  I have my eyes on a resistance trend-line up around 3495.

Crude Oil Spikes Ahead of Contract Rollover…

Crude Oil is bullish with a Spike & Range pattern, which tells me to get long below the range using a seller failure pattern.  I’m also watching for a bull breakout into a spike and channel pullback…

Gold Sellers Hope the Buyers Try One More Time…

Gold is bearish after a 123-Reversal off today’s high, which tells me to look for opportunities to catch pullback buyers getting caught on the wrong side.  I’d love to get short off the high of a new hidden channel…