stay patient on tuesday | schooloftrade newsletter 09/29/14
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Markets are consolidating ahead of a VERY busy trading session on Tuesday as we finish the 3rd Quarter and the month of September… you don’t want to miss tonight’ Video newsletter! Crude Oil pushed all the way to the highs of the trading-range this morning on VERY low volume, which is telling us to look for SELLING opportunities this evening and into the session on Tuesday. Gold is stubbornly sitting in the middle of the range right now, so we are staying very patient to see where this market trades overnight. We have a TON of major news from Asia and Europe overnight so we need to be ready for ANYTHING on Tuesday. Mini-Russell is also trading sideways this evening, but unlike Gold we can see the Russell setting-up for a nice selling opportunity at new zones overhead. We have PLENTY of options to sell the Mini-Russell so make sure you have those levels ready for a VERY active session of economic news on Tuesday.TRANSCRIPT
