Click here to download today’s charts “You may encounter many defeats, but you must not be defeated. Please remember that your difficulties do not define you. They simply strengthen your ability to overcome.” Notes for Tonight’s Newsletter: We are still trading the reaction to last Friday’s Non-Farm Payroll report and this evening we have Crude […]
Continue readingWe kicked off the morning with a gorgeous run higher from the buyers. This aggression from the buyers allowed traders to easily buy on the way up for targets. We began seeing a lot of trouble on the highs though where sellers are beginning to scale in for weakness. The sellers ended up taking over […]
Continue readingWe came in today with a VERY strong run higher on Crude Oil with buyers falling apart a bit on the rally higher. They might just be looking for a pullback but after a quick jaunt higher, that failed as well showing the sellers may not be done yet. We know buyers are in control […]
Continue readingClick here to download today’s charts “One of the marks of successful people is that they never compare themselves with others. They only compare themselves with themselves and with their past accomplishments and future potential.” Notes for Tonight’s Newsletter: Today was what we call ‘Reaction Monday’ which is the first full day of trading after […]
Continue readingWe open up the week with a very nice gap higher leading into a bear attempt failure for a morning reversal into a VERY strong trend day pushing higher. This gives us clues that we need to be buyers on the way up for almost any reason. The important thing to note is the day […]
Continue readingToday we opened up Crude Oil to find a VERY strong bull trend right from the open with buyers trapping almost every bear attempt down and buying into it for rallies right back up to the highs with continuation movement. This gave us big clues to look to buy any strong attempt from sellers as […]
Continue readingClick here to download today’s charts What your mind can conceive, and your heart can believe, you can achieve! – Muhammad Ali Notes for Tonight’s Newsletter: Tomorrow is Non-Farm Friday which means we have some great trading opportunities after 8:30am EST tomorrow; Crude Oil, S&P and Gold are bullish while the Euro is bearish as […]
Continue readingToday we came in with a big bull spike at the open off major support from the monthly chart. This gave buyers a shot to take the market over but they never showed up. When the sellers had a chance to fight back and go the opposite direction, they also didn’t want to show up. […]
Continue readingWe came in today to find Crude Oil moving into a range after a nice drop off the highs on the bear trend. This transition will likely have had sellers looking to continue scaling in but buyers were not letting them push very far down before coming back in. With sellers losing grip at support […]
Continue readingClick here to download today’s charts “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” Notes for Tonight’s Newsletter: Crude Oil and the S&P both bullish while Gold and Euro are bearish going into Thursday’s trading session. Crude Oil is […]
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