Trade the Market Melt-Up
We’re back in the action for another BIG week of trading opportunities this evening, and we have a lot to cover in tonight’s video…
Everyone’s waiting on the signing of the Trade Deal mid-week, Earnings Reports will keep the overnight session interesting, and we have a slew of economic data coming out that will surely give us plenty of volatility and set-ups…
But the question on everyone’s mind tonight is – how are we going to trade this “market melt up” tomorrow morning? Not to worry, I have a great plan, but are you ready?
Crude Oil Settles Into an Expanding Triangle…
Crude Oil is bearish into a trading-range, which tells me to sell above the range with buyer-failures or buy below the range with a crown-reversal.
E-Mini S&P Melting High – But Can They Hold It?
E-Mini S&P is bullish and “melting” higher into the close, telling me to stay patient to buy the next pullback, but with all this momentum running higher, I’ll bet tomorrow goes sideways, so I’ll be looking for set-ups to buy into seller-failures below the range.
Nasdaq Wants That Round Number, Where’s the Next Entry
Nasdaq is bullish and “melting” higher as markets anticipate that trade deal getting signed later this week, and with all this bullish momentum I’m just waiting for my chance to buy the next pullback, especially at the low of the hidden-channel I’ve found on the chart…
Gold is Re-Testing the Low, Then What?
Gold is bearish and just about to re-test today’s low, which is just below last week’s range, which means I’m either going to buy these lows with a crown-reversal, or I’ll wait to sell above the high using a buyer-failure pattern.