“There is no such thing as failure. There are only results, and how we respond to those results will determine our level of success.”
Notes for Tonight’s Newsletter:
Gold and Crude Oil tumbled lower today, and the Mini-Russell took back ALL the losses this week as we set-up for more trading opportunities on Friday! We have a BIG CLUE on Crude Oil and Gold… are you ready for tomorrow?
Crude Oil is bearish after giving us an incredible selling-opportunity at the range-expansion at $49. We see price is trading at new lows, but we have measured-move-support and volume does NOT confirm this move into the closing bell today, so wise traders will wait patiently for more selling opportunities after a correction back higher on Friday!
Gold is bearish after collapsing off the range-highs; we have targets waiting for us at the range-lows, and wise traders will be selling resistance levels on Friday!
Russell is bullish after taking back all the losses from earlier this week, and with the buyers holding on the pullback, along with volume confirmation we look good to keep pushing higher on Friday!
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