Bonds, Gold, Crude, and Grains
While I am trading nimble on the indices, there are some great setups on the daily charts giving us opportunities.
While I am trading nimble on the indices, there are some great setups on the daily charts giving us opportunities.
The rollover can stream-roll a lot of futures traders that get the timing wrong on the move from one contract to the next in futures.
This was Monday and I traded it and treated it that way. As we go into the remainder of this short week, I have soybeans, gold, bonds, and crude oil on my radar.
While we don’t want to fight the tape, these are solid signals I’m looking for.
With an abbreviated trading week on the horizon I’ve got 3 names in mind that may offer continuation and the opportunity to setup a 3—5 day swing trade.
The wall of worry is a real thing, but bulls stood up to the challenge this week holding the gains Powell brought on Monday. Are we stable enough for another leg higher? Where can we find the best setups? This is what I’ll be following when we open again on Tuesday morning.
What’s the difference between getting shaken out of a trade or being pulled into one? Volume. Here’s how I decode that on my charts.