Trading a Melt-up Market (Non-Farm Friday’s Plan)

It’s been a busy week, but we’re not finished yet.  Tomorrow is “Non-Farm Friday”, which usually means more volatility and more trading opportunities before we finish up the week…

Emini ES and Crude Oil are both bullish into a range, which means we’ll be looking for failures and breakout patterns.  Gold is officially a “melt-up market” which means I’ll be looking for two powerful trade setups to finish off the week.  Are you ready?  Let’s get ready for tomorrow…

E-Mini Bull Triangle Tells Buyers Where to Look…

E-Mini S&P is bullish into a triangle/range tonight.  The range tells us to look for buy setups at support levels below the range, and since the range is a triangle, we know the best entries will come just below the “edges”…

Crude Oil Buyers Will Be Watching the Expanding Triangle Lows…

Crude Oil is bullish into a wide trading-range as well.  My plan is to get long at support levels below the range, and I love how the pendulum swing and expanding triangle come together perfectly…

Gold’s a Melt-Up Market, Telling Us to Prep for 1 of 2 Setups on Friday…

Gold is bullish and considered a “melt-up market” today, which usually means either a sideways range the following day, or a deep pullback off the highs to attract more buyers.  Either way, I’m looking to trap sellers on the right side of this trend…