We came in today to find Crude Oil working in a very well defined range. This range had the sellers attempting to push lower into the bottom with a breakout but quickly fail on the open. This pop higher came back to retest showing more buyers at the lows once again. This break down came […]
Continue readingClick here to download today’s charts “In today’s world, the greatest source of wealth is between your ears.” Notes for Tonight’s Newsletter: I’m back from my spa-getaway in East LA yesterday (kidding of course) and we have markets setting-up with some great opportunities for a Summer-Friday. Janet Yellen hits the stage tomorrow morning from the […]
Continue readingWe opened up the NYSE morning with a small gap down and sellers attempting to break down further with a very heavy bear candle to start the day off. The buyers swept the move right back up and engulfed the sellers essentially nullifying them. We now have a potential for the buyers to take the […]
Continue readingWe came in today to see a very sturdy range formation on the overnight session. Sellers attempted to dig into the lows after the US open but completely failed to get anything going before firing right back up towards the highs. This gave us clues to look for continuation on the move to get to […]
Continue readingWe came in today to find the Euro Currency Futures getting beaten up pretty badly in the overnight session with a big gap lower underneath the large 1.3000 BRN area. This gap lower will be seen as a breakout attempt with a good likelihood of success. The open kicks off a small range start that […]
Continue readingWe opened up today to find that the Euro has been getting slammed all night in a very nice bear trend and even had enough strength to break through the huge 1.3000 big round number we were talking about in the newsletter last night! This aggressive breakdown under both the range and the BRN is […]
Continue readingClick here to download today’s charts “Invest ten percent of your income in self-development in order to guarantee your future.” Notes for Tonight’s Newsletter: We had some wacky price-action in today’s session but that didn’t stop us from finding some excellent trading opportunities and looking at the charts for tomorrow we may see a lot […]
Continue readingToday we opened up with a small gap down for buyers to attempt a breakout pullback kind of move back to the Monday lows. The buyers didn’t want to show up to the party though and fell right back down again. This move lower was sold to objective where we found more support for a […]
Continue readingWe had a relatively lack-luster morning with price more in a range than anything after the initial smaller gap lower. The buyers were attempting to hold the lows after sellers finally got their objectives on the bottom. After the objectives were met, sellers are less likely to be looking for breakout moves down and would […]
Continue readingClick here to download today’s charts “Only by contending with challenges that seem to be beyond your strength to handle at the moment you can grow more surely toward the stars.” Notes for Tonight’s Newsletter: The markets aren’t wasting any time this week, getting a jump on the last full week of the month of […]
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