Tuesday, February 3, 2015

6 Reasons to SELL Wednesday | SchoolOfTrade Day Trading Newsletter 02/03/15

“I’ve come to believe that all my past failure and frustrations were actually laying the foundation for the understandings that have created the new level of living I now enjoy.”

Notes for Tonight’s Newsletter:
·       Volatility has been incredible this week!
·       Gold is bearish;  we sold the highs and have a target waiting for us at the lows of the range
·       Crude Oil is bullish in the short-term, but the volume did NOT confirm the move higher this afternoon so we are looking to SELL the range-highs
·       Mini-Russell is bullish, and volume DOES confirm the move higher, but we are up at the range-highs so we are staying patient to wait for the reversal off the highs on Wednesday

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