December 8, 2020

Pull the Trigger with Confidence on Wednesday


Tomorrow might be the middle of the week, but this party is just getting started…

With markets anticipating new Vaccine and Stimulus updates, along with a sense of urgency ahead of the Holiday Season, I’m excited for Wednesday’s opening bell…

The most important factor going into Wednesday will be staying patient for the best entry setups.  We had some big runs on the charts over the last couple days, so the key will be staying patient for the best precision entries. 



E-Mini Buyers Look Strong at All-Time Highs, Where’s the Next Good Entry?

E-Mini S&P is bullish and trading sideways at new all-time highs.  With the bulls in control, I’d love to buy a pullback, and I have my eyes on two support areas just below today’s highs…


Crude Oil Sellers Have Control, But Will It Last?

Crude Oil is bearish and trading sideways inside a range.  With the bears in control, I’d love to get short at resistance above today’s range, but a failed pendulum swing gives me reason to think the buyers may have the edge going into Wednesday…


Gold Spike & Channel Helps Us Plan the Best Entries…

Gold is bullish with a spike and channel pattern.  With the bulls in control, my goal is to get long down near the “base” of today’s channel.  Timing the entry will be most important, so I’ll wait for sellers to get trapped so I can buy into their stops for a short-squeeze going back to the high…


    schooloftrade

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