Wednesday, March 4, 2015

6 Reasons to SELL Thursday | SchoolOfTrade Day Trading Newsletter 03/04/15

“Get excited for this opportunity!  The higher your energy level, the more efficient your body the more efficient your body, the better you feel and the more you will use your talent to produce outstanding results.”

Notes for Tonight’s Newsletter:

We see BIG CLUES that tell us to look for selling-opportunities on Thursday, but most of them require the buyers to FAIL before we push lower… are you ready?

Crude Oil is bullish as the arm-chair traders begin speculating for higher prices, but today's price is way over-bought so we look for short-term selling before we considering buying anything, and our target remains at $50/barrel.

Gold is bearish, but sitting right on top of the $1200/oz. round- number, so we need to stay patient for price to move away from $1200 ahead of Friday's NFP report so we can sell it back down.

Russell is bearish as investors take profits at all-time highs ahead of Friday’s report.  We are selling resistance levels overhead and using the support levels as targets until something changes!

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