Monday, March 23, 2015

3 Ways to BUY on Tuesday | SchoolOfTrade Day Trading Newsletter 03/23/15

“The meeting of preparation with opportunity generates the offspring we call luck.”

Notes for Tonight’s Newsletter:

Welcome back to our Newsletter!  Markets are bullish as traders return from Quad-Witching, and we have a trading plan for Tuesday… are you ready?

Crude Oil is bullish; we can see both long-term and short-term channels along with easy buying opportunities at support levels below us on our way higher to test the measured-move and channel-high targets!

Gold is bullish; we can see a bull-channel and fresh highs to confirm this trend is bullish, but look closely and you see the volume did not confirm these highs; smart traders will wait for a pullback to 'buy the dips' on the way up to the round-number of $1200.

Russell is bullish; We want to buy support levels on each pullback as we go higher, and if we make new highs overnight we will look to buy the pullback to the 'trading range highs' on our way up to the range-expansion target at 1272.2.

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