Markets collapsed this afternoon after news circulated that stimulus talks would be postponed until after the Election in November…
With the markets tumbling lower, my plan is to stay patient and focus on selling into pops around key resistance levels overhead. Let me show you where…
E-Mini Sellers Waiting to Sell the Pops…
E-Mini S&P is bearish into a spike and channel pattern; my plan is to look for sell setups just above the high of the bear channel, using buyer failure patterns to catch the bulls getting greedy…
Crude Oil Sellers Looking to Trap Buyers…
Crude Oil is bearish with a strong shot lower off today’s high; the strength of this move is the key, telling me to expect another leg lower, and I’ll be looking to get short with bull-traps around the high of a new hidden channel…
Gold Collapse Tells Me to Target Key Resistance Areas…
Gold is bearish with a strong 2-legged move running lower; the strength of this recent move tells us to expect another leg lower, and I’ll be looking for sell setups around the reversal-line resistance at 1895 tomorrow morning…
Disclaimer: Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or ...
Disclaimer: Join our Free Trading Course. 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 to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 – These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as liquidity. Simulated or hypothetical trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
