Monday, December 15, 2014

4 Reasons to SHORT Tuesday | SchoolOfTrade Newsletter 12/15/14

“Opportunity is missed by most people because it is dressed in overalls and looks like hard work.”

Notes for Tonight’s Newsletter:
·       Markets in the RED today for the 2nd day in a row!
·       Gold collapsed off the highs, hitting our targets, and we are watching for another selling-opportunity
·       Crude Oil continues to push lower, almost to $55.00 this afternoon before the sellers ‘ran out of gas’. (bad pun)
·       We continue to look for selling-opportunities on Crude Oil
·       Mini-Russell is FINALLY breaking-lower off the range-highs, but we do NOT sell the lows, we wait to sell the levels above us tomorrow!
·       NEWS:  FOMC Meeting begins Tuesday morning, announcement is Wednesday afternoon 2:00pm EST
·       Contract Rollover this week for Crude Oil Futures (12/17/14)
·       This 3rd week of December is ‘Quadruple Witching’

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