Which Pullback Can I Trust? Best Entries For Wednesday
(Video length 00:46:06)
We finished Tuesday’s session with strong moves on the charts, which gets me excited for Wednesday morning’s session, but beware, because there are a handful of hidden traps on the charts and I want to make sure you’re prepared…
My goal is to buy pullbacks on the Emini and Crude Oil while selling pullbacks on Gold – but which pullbacks can I trust? I’ll show you how to qualify the entries in tonight’s newsletter video, let’s get started…
E-Mini Buyers Would Love a Deep Pullback…
E-Mini S&P is bullish and trading just below yesterday morning’s high, which isn’t a very reliable place to be buying; my plan is to wait for a pullback, and I have my eyes on the low of a hidden channel down around 34.35.
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Crude Oil Buyers are Praying for Hurricane Laura…
Crude Oil is bullish and trading sideways just below yesterday’s high, which is a dangerous place to start buying (even with a hurricane on the horizon); my plan is to wait for a pullback to a support trend-line below the range and use a seller failure pattern for the entry…
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Gold Spike & Channel Tells us Exactly Where to Look…
Gold is bearish with a spike and channel pattern, which tells me to look for sell setups up near the base of the channel; I’m going to wait for a pullback, but the strength of the pullback will tell me where to trigger the entry…
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