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Notes for Tonight’s Newsletter:
Markets are moving well this week and we have plenty of trading opportunities waiting for us… watch out for those ‘bull-traps’ on Tuesday… are you ready?
Crude Oil is bearish, but today's 'runaway market' tells us there will be short-term buying opportunities along with long-term selling opportunities waiting for us tomorrow.
E-mini S&P is bearish and near the highs of the channel which means we will be looking for buyers to try and fail at these resistance levels for easy selling opportunities on Tuesday.
Gold is bearish, which means we are waiting for opportunities to sell the resistance levels near the highs of the range tomorrow.
Euro is bearish, but trading at the lows of the long-term range so we will be patient to wait for the best selling opportunities up near the short-term range highs looking for bull-traps on Tuesday.
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