Opportunities in this Market.
Gold, Russell, Heating Oil, Crude Oil, Australian dollar, US dollar, bond, and more…
Gold, Russell, Heating Oil, Crude Oil, Australian dollar, US dollar, bond, and more…
With the sharp move we saw in indexes this week and with so many earnings on the horizon, it’s a great time to stop thinking about direction and start thinking about volatility.
Calling bottoms isn’t always a fun game to play, but with some historical data and some extreme sentiment readings that’s what I’m looking for into next Friday. From there we’ll want to reevaluate, but this is my plan for the next 5 days.
Where are the setups the most organized? I still have an eye and affinity for energy… and is it time to start looking for structure in equities?
There are only two ways this will play out on Monday, and we’ll know by noon tomorrow.
Today was a day where the strong sectors caught up with the weak ones. This is what I’m looking for next.
Balance these for the best entries with the “exits first” mindset. Crude Oil and Natural Gas both had their respective inventory releases, and both have setups today.