Short the Pops on Friday (Lockdown Trading Plan)

We’re headed into Friday morning, which means our window of opportunity will be smaller, but with new lockdown orders and rumors of more stimulus, it’s starting to look like Friday might be the best trading day of the week!

E-Mini Sellers Would Love to Short the Bottom of Today’s Range…

E-Mini S&P is bearish and trading at the high of a major bear channel.  I’d love to get short in this area, but the recent pop off today’s low has so much strength, I’m going to wait for buyers to commit on the next pullback and focus on selling into their stops…

Crude Oil Sellers Shorting the Pops on the Way Back to Major Lows…

Crude Oil is bearish and trying to break below today’s lows.  With news of fresh lockdown orders today, it’s easy to get over-confident on the sell-side, but I’ll stay focused on selling the pops to keep my risk-reward ratio in check…

Gold Buyers Better Be Careful; Wait for the

Gold is bullish and back inside the range from Tuesday.  With rumors of new stimulus packages hitting the news wires today, I’d like to stick with the buy-side, but I’ll have to focus on bear-traps below the range to stay out of trouble on Friday…