Tuesday, February 17, 2015

Which way for Wednesday? | SchoolOfTrade Day Trading Newsletter 02/17/15

“We can change our lives. We can do, have, and be exactly what we wish.  All we need is a goal, an action plan to achieve the goal, and the attitude that never gives up.”

Notes for Tonight’s Newsletter:
·       Trader’s returned to their desks after a Holiday Weekend to see another day filled with volatility and trading opportunities!
·       Gold is bearish and oversold; stay patient for selling-opportunities at resistance levels overhead
·       Crude Oil is bullish and coming off the highs of a Megaphone pattern!
·       Mini-Russell is bullish and inside a trading-range; look for range-breakouts to the buy-side!
·       ROLLOVERCrude Oil Contract Rollover will occur sometime tomorrow, check the volume to see if the 04-15 contract is higher volume @ 8:00am EST on Wednesday
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