First published at 00:35 UTC on June 17th, 2022.
Markets are bearish, and everyone’s waiting for the next pullback to get short – luckily, the size of today’s move shows us the “perfect pullback” spot for Friday!
Emini and Nasdaq are bearish – the size of today’s move is a big clue, but this “pen…
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Markets are bearish, and everyone’s waiting for the next pullback to get short – luckily, the size of today’s move shows us the “perfect pullback” spot for Friday!
Emini and Nasdaq are bearish – the size of today’s move is a big clue, but this “pendulum-swing” is the real key to finding that next big short!
Crude Oil is bullish, but look closely and you'll see a “hidden” channel that tells us the buyer failure might be the best trade of the week for Oil!
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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 with money you can't afford to lose. This is neither a solicitati..
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