“Life does not get better by chance. It gets better by change.”
Notes for Tonight’s Newsletter:
These markets are incredible right now… big moves on all the markets means we have MORE trading opportunities waiting for us on Wednesday… are you ready?
Crude Oil is bearish and after today's 'overshoot' of the channel-lows we are seeing buyers enter the market on the way back up to test the channel-highs. Sellers should be looking for more opportunities around range-highs and buyers want to get long when the sellers fail on the way higher.
E-mini S&P is range-bound with a bearish-bias, which means we will be looking to sell the highs and buy the lows with failure patterns on Wednesday.
Gold is bearish inside 2 trend-channels which tell us to keep selling resistance levels at channel-highs and take profit at channel-lows on Wednesday.
Euro is bearish, but trading at the lows of the range, which tells the sellers to stay patient for the best opportunities while the buyers will be looking for trades at the lows, and also times when the sellers try and fail.
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