6 trades for thursday | schooloftrade newsletter 11/19/14
DESCRIPTION
Crude Oil is bearish, Gold is bullish, and the Mini-Russell is ready to COLLAPSE off the recent highs. We have a TON of big news tomorrow… are you READY? Crude Oil is trending lower, so we are looking to sell at resistance levels on the way lower. One concern we have… it appears we may be consolidating… so make sure you check the levels before you trade tomorrow! Gold is bullish and pushing higher right now, but we are up near the range-highs so we are staying patient to buy at the lows of a recent price-channel. Make sure you know where to buy tomorrow! Mini-Russell is about to collapse off the recent highs… we can FEEL the buyers giving-up on the $1200 big-round-number and professional traders are setting their sights back down to $1100.TRANSCRIPT
