‘Reaction’ Thursday, let’s do this!
FOMC is behind us, and with today’s big spike higher, we know professionals will be eager to buy pullbacks tomorrow…
But pick your spots wisely – these (3) pullbacks (and 1 reversal) are my favorite!
Emini and …
‘Reaction’ Thursday, let’s do this!
FOMC is behind us, and with today’s big spike higher, we know professionals will be eager to buy pullbacks tomorrow…
But pick your spots wisely – these (3) pullbacks (and 1 reversal) are my favorite!
Emini and Nasdaq are bullish with big moves higher this afternoon. Pullbacks are certainly on my radar, but don’t forget the double-top reversal!
Crude Oil is bullish into a range – my instincts tell me to get aggressive on this, but the chart tells me there’s a much better entry…
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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 invest in the futures and options markets. Don't trade wi..
