Coming in today we see a strong bear sentiment to kick the day off but it completely began falling apart with both sides of trade seeing bad follow through. This gave us clues that, although bears have control, the prior swing lows may be all the market is able to get before buyers begin jumping […]
Continue readingClick here to download today’s charts “Learn from yesterday, live for today, hope for tomorrow.” -Albert Einstein Notes for Tonight’s Newsletter: Another day filled with opportunity comes to an end but we’re only moments away from the opening bell in Asia and tomorrow is setting-up for another big session; Crude Oil and the S&P are […]
Continue readingThis morning we opened up on the ES with a strong bear candle looking for sellers to likely fill the gap down at 2158.00. This never achieved good continuation though before sellers lost interest and flipped the other way to go long. We saw further confirmation of this giving up of the sellers right at […]
Continue readingWe came in today to see the S&P in somewhat of a range with buyers and sellers in a balance but after the move higher post open, we knew that the buyers had full intention and the sellers were likely stuck and just hoping to get out. This will create a situation where any good […]
Continue readingClick here to download today’s charts “By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be. Put your future in good hands — your own.” Notes for Tonight’s Newsletter: Markets were a bit choppy today with some narrow ranges that surely reinforced […]
Continue readingWe came in this morning to find Crude Oil in a range after we opened up which has been the story for the past month it seems. Today was a FULL range though meaning we are seeing very obvious two-sided trading in that buyers are buying low and sellers are selling high but even above […]
Continue readingWe came in today to find Crude Oil in what we would call a multiple trend type day. This means that, although we can have a strong trend in one direction, it can be taken down and pushed in the opposite direction with just as much strength. We had a great sign of failure from […]
Continue readingClick here to download today’s charts “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: If today’s volatile markets are any clue for the rest of the week we should have no problem […]
Continue readingWe came in today to find a nice strong gap lower on the RTH session with sellers from Friday having a great morning. Unfortunately, with so many sellers taking profit at the open, we then began seeing a conversion of a trend in to a range with buyers buying low and sellers selling high. This […]
Continue readingWe came in today to find CL getting battered over the EU session and it continued into the US session with sellers heavily on the table and continuing to push the market down on any attempt the buyers get. This lets us know that there should be only one direction in mind — down. We […]
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