June 29, 2015
- in Uncategorized by schooloftrade
Tuesday’s Trading Ranges | Day Trading Crude Oil, Gold, E-mini & Euro Futures 06/29/15
“If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception, it is a prevailing attitude.”
Notes for Tonight’s Newsletter:
All of our markets ‘gapped’ over the weekend, which means we have NEW trading opportunities to watch this week… are you ready?
Crude Oil is bearish and oversold after a ‘gap down’ over the weekend which means we will be looking for short-term buying opportunities back up to resistance levels overhead.
E-mini S&P is bearish and oversold after a massive ‘gap down’ over the weekend, which means we expect there to be short-term buying opportunities and plenty of bear-traps along the way.
Gold is bearish, but trading sideways in the short-term so we are looking for failure opportunities at resistance levels overhead!
Euro is sideways and range-bound as it deals with the situation in Greece, so our plan is to ‘fade’ all the breakouts of the range until something changes. Buyers will buy the lows and sellers will sell the highs.
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