Trading Chart “Spikes”

We survived the FOMC Announcement, and now we have a handful of large SPIKES on the chart, which are telling us exactly what to look for tomorrow morning.

Crude Oil is bullish with spike higher, and with the recent pullback off the highs, I’m waiting for the sellers to try and fail so I can buy into their stops.

E-Mini S&P is bullish into a range, which tells me to use the range to find the most reliable opportunities on Thursday.

Nasdaq is still running higher, and I have my eyes on a triple measured-move target, which means I’m waiting for entries using bear-traps.

Euro is bullish with a strong SPIKE higher, so I’m waiting to buy a pullback and I have my eyes on a key battle-zone support level.

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