Volume for Precision Entries

(Video length 00:50:29)

I can see a lot of big clues on the charts tonight; trading-ranges, Spike & Channels, and Hidden Channels to name a few – but the biggest clue I see is using VOLUME to identify the best locations to buy pullbacks going with this trend tomorrow morning.

Crude Oil is bullish with the combination of a Spike & Channel and trading-range on the chart this evening, both of which are telling me to look for buying opportunities going back up to re-test the high.

Knowing this, I’m watching this ‘2-legged pullback’ to see if I can find a buy set-up off the trend-line, and if not, I’m watching for the bulls to struggle and failback down to the range low on Wednesday.

E-Mini S&P is Chopping Around the High

E-Mini S&P is bullish with the combination of a trading-range and Hidden Channel for tomorrow, and I can see an easy spot to look for buy set-ups where those two patterns come together.

If that doesn’t happen for some reason, and we push higher, I’m watching for the ‘2-Try Rule’ to buy into the sellers’ stops for another leg higher.

Nasdaq is Begging for a Pullback!

Nasdaq is bullish with a trading-range and Hidden Channel, and when I combine both of these patterns together, I can see a clear support area to look for buying opportunities on Wednesday.

With that said, I’m also keeping my eyes open for another leg higher, but I need to see some STRENGTH from the bulls through the highs first!

Gold Appears to Be Too High to Buy

Gold is bullish into the 1301 objective and the measured-move target from last night’s newsletter, which tells me we’re a bit too high to keep buying at this point.

Knowing this, I’m waiting for a pullback into the high-volume area we see just below the 1300 round number.

Assuming we get that pullback, the plan is to let the sellers try and sell off the moving-average before we start buying into their stops for (what should be) an easy short-covering rally back to the highs.

Euro Has Three Levels of Confluence

Euro is bullish with a Spike & Channel, Hidden Channel, and trading-range on the chart tonight, and all three of them have support levels coming together in the same location, which always gets me excited for a pullback.

And if we get that pullback, then my plan is to look for the ‘2-legged pullback’ pattern to buy the sellers’ failure for a rip back up to the highs.