Non-Farm Payrolls Strategy

Crude Oil is bullish and trying to complete a massive ‘pendulum swing’ back up to yesterday’s high, but I don’t want to chase it higher, so I’m waiting for a pullback to key support levels.

 

We’re prepping charts for tomorrow morning’s Non-Farm Payroll Report, and with the strong moves we saw into the closing-bell today, we’re anticipating even more trading opportunities on Friday morning – are you ready?

Crude Oil Bulls Are Hunting for Yesterday’s High

Crude Oil is bullish and trying to complete a massive ‘pendulum swing’ back up to yesterday’s high, but I don’t want to chase it higher, so I’m waiting for a pullback to key support levels…

And I have my eyes on the combination of the low of a new Hidden Channel with 2 prior swing-lows on the chart for my battle-zone on Friday morning.

E-Mini S&P is Inches Away from the Objective

E-Mini S&P is bullish and just inches away from completing the measured-move and ‘pendulum swing’ target up overhead…

Knowing this, I want to buy, but I don’t want to buy this close to major resistance, so I’m waiting for a pullback to the low of a Hidden Channel where I’m looking to buy into the stops of the counter-trend sellers.

Nasdaq Bulls Are Waiting for a Pullback (But Where?)

Nasdaq is bullish and trading just inches away from the measured-move resistance level overhead, which tells me to look for more reliable buy set-ups after a deep pullback off this high…

Knowing this, my goal is to use the overlap of the Hidden Channel low with a support trend-line drawn off prior swing-lows earlier today…

Gold Bulls Have Control, But Can They Keep It?

Gold is bullish, but struggling to stay above today’s trading range, and with the buyers now trying TWICE without any success, I’m looking for a reversal pattern going back into the range on Friday morning.

I’m also watching for buy set-ups below the range tomorrow as well, but I first need to wait to see what type of pullback we get – do we sit in the range, or do we slice right through it – that will tell me the best entry set-ups to buy below the range tomorrow morning.  

 

Comments