Welcome back – let’s get after it!!
Eminis are bullish with ranges tonight, and this massive GAP DOWN at the open tells us to focus on “running stops” for the easy trades tomorrow!
Emini and Nasdaq are both bullish into range – I was looking for a…
Welcome back – let’s get after it!!
Eminis are bullish with ranges tonight, and this massive GAP DOWN at the open tells us to focus on “running stops” for the easy trades tomorrow!
Emini and Nasdaq are both bullish into range – I was looking for a breakout going higher, but this surprise GAP DOWN changes the gameplan!
Crude Oil is bearish into a range – I'd love to trap buyers for shorts off the highs, but I think this breakout looks more likely instead…
Don’t forget – we have a holiday weekend ahead of us, so every trade counts. Here are my favorites for tomorrow!
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to inve..
