“What we can or cannot do… what we consider possible or impossible… is rarely a function of our true capability. It is more likely a function of our beliefs about who we are. Change your beliefs and you change your future.”
Crude Oil is bullish ahead of tomorrow’s Inventory Report, but we’re trading at the high of a Spike & Channel so we’re waiting for rotation back to the lows for the most reliable buying opportunities tomorrow.
S&P is bullish, but trading inside a range is telling us to focus on failures below the range using the ‘battle zone’ support levels tomorrow.
Gold is bearish, but trading at the low of a channel tell us to wait for rotation back to the high and look for selling-opportunities back down to the low tomorrow.
Euro is bearish, but trading at the low of a wide bear channel, telling us to use the mid-line as resistance and look for selling-opportunities up at resistance levels overhead tomorrow.
FDAX is bullish, but trading in the middle of a triangle, telling us to look for buying opportunities at support levels near the lows with a target back to the highs.