“Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan ‘Press On’ has solved and always will solve the problems of the human race.”
Crude Oil is bearish, but trading at the low of a bear spike & channel tells the sellers to wait for the rotation back up to the high of the channel tomorrow.
E-Mini S&P is bullish, but after a massive run higher today, we can assume that buyers will be hesitant to buy more until they get a decent pullback off the highs.
Gold is bullish, but struggling to break through the highs of a trading-range, which tells the buyers to look for a successful breakout-pullback above the range highs, or wait for seller-failures at the low of the range.
Euro is bullish, but we have a lower-high on the chart which tells us that buyers are weary of buying at such a high price, so our goal tomorrow will be look for a correction back to the ‘battle zone’ for a re-test of the high.
FDAX is bullish, but this parabolic move higher today is hardly sustainable and buyers know that the most reliable buying opportunities will come after a deep pullback off today’s highs.