Thursday, May 28, 2015

Friday’s Trading Strategy | Newsletter Crude Oil, Gold E-Mini & Euro Futures 05/28/15

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 “Nobody can go back and start a new beginning, but anyone can start today and make a new ending.”

Notes for Tonight’s Newsletter:
We have some incredible trading opportunities waiting for us on Friday; Crude Oil, Gold, and Euro are approaching key-resistance levels, and the E-Mini S&P is waiting to pull-back for more buying opportunities… are you ready?

Crude Oil is bearish and coming up off the lows of the bear-channel.  Our plan is to sell the highs of the channel at resistance levels and take profit at support levels below. 

E-Mini S&P is bullish but overbought in the short-term; our plan is to look for buying opportunities at support levels below us and use the resistance levels above for profit-targets. 

Gold is bearish, trading inside a range and megaphone; our plan is to sell at resistance levels overhead and use support levels for profit-targets.

Euro is bearish this evening and almost at the highs of the bear-channel so we will be looking for selling opportunities at the resistance levels overhead while using support levels as profit-targets below

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