The Best Pullbacks use Hidden Channels
The Emini ES and Nasdaq both made strong runs higher today, while Gold and Crude Oil are stuck in range-bound markets, telling me to use two different strategies on Tuesday morning…
But no matter which market you’re trading tomorrow, they all have one thing in common; hidden-channels as key support & resistance…
So my goal tonight is to make sure you know the best strategy for trading with hidden-channels, the best entry patterns, and targets – are you ready? Let’s get started…
Crude Oil – Wait for Seller Failure
Crude Oil is bearish into a trading-range, which tells me to buy low, sell high, and avoid the middle of the range tomorrow morning…
And since we’re just below the range tonight, my plan is to “buy low” using a nested seller-failure pattern off the high of a bearish hidden-channel.
E-Mini S&P Needs a Pullback…
E-Mini S&P is bullish with a strong run higher, just a few points below the all-time highs, which is likely going to be “too high to buy” for most professionals…
In these situations, I’d rather wait to buy a pullback at support, and once again, I can see a beautiful hidden-channel waiting for us on the next deep pullback.
Nasdaq Expects a Range…
Nasdaq is bullish with another remarkable run to new all-time highs this afternoon, but at this point you have to wonder, who is still buying up here?
And when I see a market over-extended like this, I always expect to see a trading-range develop the following day, which planning my next entry relatively easy…
Gold Hidden Channel Pullback
Gold is bullish into a trading-range, telling me to buy low, sell-high, and focus on failures for the best entries on Tuesday morning…
With the market being so bullish, my goal is to buy below the range, and if you look closely, it’s easy to see yet another hidden-channel waiting to be bought!
