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Notes for Tonight’s Newsletter:
· Markets look a little ‘punch-drunk’ this evening after such incredible volatility this week, so we are prepared for ANYTHING on Friday
· Crude Oil is bearish after the huge reversal at the highs, but the new lows @ $48.00 weren’t confirmed with volume, and a channel-overshoot tells us we are likely going to try to move higher back to $50 before we return to today's lows.
· Gold made a run at the range-highs today, but volume tells us we are likely going to come all the way back down to the $1200 target once again on Friday!
· Russell is bullish making new highs today, but look closely and you see the volume losing strength late in the day today, which tells us to wait for a deeper pullback on Friday before buying more.
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