Tuesday, May 26, 2015

Wednesday’s Trading Strategy | Day Trading Crude Oil, Gold, Euro & E-Mini Futures 05/26/15

 “Luck is what happens when preparation meets opportunity.”

Notes for Tonight’s Newsletter:
Back from the holiday-weekend, we’ve added the E-Mini S&P to our Newsletter and today’s ‘selloff’ is giving us a TON of trading opportunities for Wednesday… are you ready?

Crude Oil is bearish and sellers will continue looking for opportunities at resistance levels overhead; buyers have a very small window coming off today's lows but need to pay close attention to resistance levels overhead before sellers control again.

Gold is bearish, but significantly oversold so look for short-term buying opportunities and long-term selling opportunities on Wednesday.

Euro is bearish this evening and sellers will be looking for more opportunities after we correct off the channel-lows.

E-Mini S&P is bullish after overshooting the lows of short-term bear-channel and lining up right at the lows of a long-term bull-channel.

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