Monday, June 1, 2015

12 Trades for Tuesday | Day Trading Crude Oil, Gold, E-mini & Euro Futures 06/01/15



“Your time is limited; don’t waste it living someone else’s life. Don’t let the noise of other’s opinion drowned your own inner voice. And most important, have the courage to follow your heart and intuition, they somehow already know what you truly want to become. Everything else is secondary.” –Steve Jobs

Notes for Tonight’s Newsletter:
It’s a new week, a new month, and we have plenty of trading opportunities waiting for us on Tuesday.  Crude Oil and E-Mini S&P are trading sideways in a range while Euro and Gold are pushing lower to re-test the range-lows… are you ready?

Crude Oil is bearish, but a recent channel-overshoot tells us to expect buyers to try and push this price higher so bulls better be ready, and sellers will be waiting for them to fail!

E-mini S&P is bullish but trading sideways inside a triangle in the short-term; our plan is to buy support levels at the lows of the range and stay away from the middle!

Gold is bearish coming off the channel-highs; our plan is to look for selling-opportunities at resistance levels overhead while using support levels below for profit-targets.

Euro is bearish coming off the channel-highs; our plan is to look for selling-opportunities at resistance levels overhead while using support levels below for profit-targets.


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