Back to work – time for the Snap Back!
Holiday weekends are great, not because of the time off, but because we get to trade the “Snap Back” the following week!
Crude Oil just completed it's “Snap Back”, but the Emini and Nasdaq are still wo…
Back to work – time for the Snap Back!
Holiday weekends are great, not because of the time off, but because we get to trade the “Snap Back” the following week!
Crude Oil just completed it's “Snap Back”, but the Emini and Nasdaq are still working their way there – keep this trade on your radar tomorrow!
Emini and Nasdaq are range-bound with sellers trying to complete their “Snap Back” tomorrow – watch this bull trap overhead because it could be huge!!
Crude Oil is bearish and already completed their “Snap Back” – now we wait for buyers to enter the market because there’s a trap waiting above!!
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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 ..
