May 27, 2015

Thursday’s Newsletter | Crude Oil, Gold, E-mini & Euro Futures 05/27/15

 “Yesterday is not ours
to recover, but tomorrow is ours to win or lose.”
Notes for Tonight’s Newsletter:
Crude
Oil
is bearish ahead of tomorrow’s Inventory Report, Euro
and Gold
are bearish and oversold, and E-Mini
S&P
shot like a rocket off the channel-lows so we are looking to buy
the pullbacks tomorrow… are you ready for Thursday?

Crude
Oil
is bearish ahead of tomorrow’s inventory report
and sellers are looking for
opportunities to get short off channel-highs and resistance levels overhead.

Gold
is bearish and trading inside a range at the channel-lows.
 
Sellers will be waiting for the best trades short off the channel-highs
and buyers have a small window of opportunity if we can get up off these lows
on Thursday.

Euro
is bearish and coming off channel-lows.
  Sellers will stay
patient to sell the highs of the channel and buyers have some short-term
opportunities back to the highs.

E-Mini
S&P
is bullish after today’s rebound off the channel-overshoot
but this evening we are overbought
so we need to stay patient for a deep pullback to support levels to keep buying
this bullish-trend.

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