“In essence, if we want to direct our lives, we must take control of our consistent actions. It’s not what we do once in a while that shapes our lives, but what we do consistently.”
Notes for Tonight’s Newsletter:
Crude Oil is range-bound this evening with balanced-volume ahead of tomorrow's inventory report; Our plan is to fade the range highs and lows while looking for rotation back and forth within the range. If we breakout of this range we will be looking for rotation up or down to the next range-expansion targets above and below.
E-mini S&P is bearish and range-bound this evening with a clear spike & channel to keep us looking for selling opportunities after the bullish correction. The spike and channel will keep us looking at selling tomorrow while the original trading-range this week has been well-respected and we will use that for failures and rotation on Wednesday.
Gold is bearish this evening after back-to-back strength patterns on the anchor chart. Yesterday’s bear-flag turned into today's bear spike & channel which tells us to stay short and our plan will be to look for selling opportunities after a bullish correction and use the measured-moves, as well as range-expansions for targets below.
Euro is extremely bearish this evening and grinding the lows of this massive bear-channel. Our goal is to stay patient and sell the next bullish-correction up near the highs of the channel which will take patient but will be worth it to unlock more profit on the way back down.
Want to see us trade LIVE? Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member