July 7, 2015

Wednesday’s Trading Strategy | Crude Oil, Gold, E-mini & Euro Futures 07/07/15

“Life does not get better by chance. It gets better by
change.” 
Notes for Tonight’s Newsletter:
These markets are incredible
right now… big moves on all the markets means we have MORE trading
opportunities waiting for us on Wednesday
are you ready?

Crude
Oil
is bearish and after today’s ‘overshoot’
of the channel-lows

we are seeing buyers enter the market on the way back up to test the
channel-highs.  Sellers should be looking
for more opportunities around range-highs
and buyers want to get long when the sellers fail on the way higher.

E-mini
S&P
is range-bound with a bearish-bias
, which means we will be looking to
sell the highs and buy the lows with failure patterns on Wednesday.

Gold
is bearish inside 2 trend-channels
which tell us to keep selling
resistance levels at channel-highs and take profit at channel-lows on
Wednesday.

Euro
is bearish, but trading at the lows of the range
, which tells the sellers to stay
patient for the best opportunities while the buyers will be looking for trades
at the lows, and also times when the sellers try and fail.

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