Profit Or Probability, Which Is Better?

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Will the Crude Oil Bulls Complete the Pendulum?

Crude Oil is back inside the range from last week, which tells me to focus on breakout failures – buying low, selling high, and avoiding the middle on Tuesday morning…

And speaking of buying low, I’d love to catch the sellers on the wrong side of this market with a failure set-up off the low of a new Hidden Channel.

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E-Mini S&P Buyers are Waiting for a Pullback, Where?

E-Mini S&P is bullish with a wedge pattern as it runs into major resistance overhead, which tells me the bulls have control, but we’re a little too high to start buying at this point…

Knowing this, I’d rather wait to buy a pullback at support, and I have my eyes on the combination of the Hidden Channel low and a reversal-line down at 2994.50 tomorrow morning.

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Nasdaq Buyers Still Have Room to Go! (Will They?)

Nasdaq is bullish and grinding its way up to a triple measured-move, but anytime I see a market “three legs up” I try to wait for a more reliable pullback to support, rather than just chase the market higher…

I have my eyes on the low of a hidden Spike & Channel pattern, and since the pullback will be quite large, I’m anticipating a “nested” variation of the failure set-up.

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Gold Bears Have Control, But They Should Be Worried!

Gold is bearish and trying to breakout below last Friday’s trading-range, but they haven’t succeeded just yet, which means I’m still looking for ways to buy this market going back up into the range.

But to do that, I need to wait for the bears to try twice before looking for entry, buying into their stops with a target back to the range high again.

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