We saw nothing but sellers in the market today, with Crude Oil and the Eminis finishing the session with one of the biggest red days of the year…
At this point, it’s easy to assume everyone’s going to “buy the dip” on Friday morning, especially after it worked so well last time, but conditions are much different today, and I’m going to let the chart patterns tell me when and where to find the next entry – here are my favorite setups I’m tracking for Friday…
Continue readingWe survived the FOMC Report this afternoon, and with Fed Chair Powell stating that low rates and easy money would continue into 2022, it’s no surprise to see markets popping higher into today’s close…
But tomorrow’s a different story, and as professionals re-enter the market we know that many of them will be looking to “sell into this pop”, and I want to make sure you’re ready to capitalize – let’s go…
Continue readingWe’re heading into the FOMC Announcement tomorrow afternoon, which tells me to keep an eye on the clock because the window of opportunity will be much smaller than normal…
Looking at the charts – Crude Oil and Emini ES are looking to snap back into their ranges, while Gold appears to be playing tricks with us before the news – we’re ready for the action, are you? Let’s go…
Continue readingWe’re back to our desks for another exciting week in the markets; Another jobs report tomorrow, FOMC on Wednesday, and OPEC may have shot themselves in the foot this weekend…
But the most important thing I see on the charts tonight, are the strong moves we got in today’s session, telling me that picking the right pullback is going to be my top priority for tomorrow’s session – are you with me? Let’s go…
Continue readingWe’re getting ready for tomorrow’s Non-Farm Payrolls Report, and with headlines from the Airlines, China, and OPEC moving these markets today, we have plenty of reliable trading opportunities to look for on Friday – let’s go!
Continue readingWe have strong trends and wide ranges on the charts this evening; the Eminis are desperate for a pullback, Crude Oil looks confused after OPEC comments, and the sellers are Boxed-In on Gold, which is a big clue for Thursday morning – are you ready? Let’s go…
Continue readingWe’re headed into a big news day on Wednesday, and with markets pushing to new highs on low volume today, I keep thinking this might be the top of this rally and ripe for a reversal…
Is it time to start looking short? I’ll bet a lot of people are thinking the same thing, and I want to be ready for the most reliable entry setups – are you with me? Lets go…
Continue readingWe’re back to our desks for the first week of June and I’m seeing a lot of Spike & Range patterns on the charts, which make our job relatively easy for tomorrow morning…
The key to trading Spike & Range patterns is to identify key support levels and combine them with the proper entry setups – let’s get started…
Continue readingTomorrow is the Final Friday of May, which combines the end of the week with the end of the month, and usually means a lot of great volatility…
But there’s a black cloud hanging over these markets – two big obstacles the markets need to overcome for the best setups tomorrow – here’s my game plan to finish the month strong, let’s get started…
Continue readingWow – we got some strong moves into the closing bell this evening, and all that momentum tells me there’s likely another leg coming tomorrow – but where’s the best pullback entry?
Do I get aggressive with a shallow pullback? Wait for a deeper pullback? Or maybe try predicting a reversal? It all depends on the market’s context, and I’ll show you five reliable setups I’m watching for Thursday – lets get started…
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