Going into the long weekend we are long bonds, gold, and short copper. Our crude oil short level was also hit but there’s no reason to rush or get too aggro. We have to understand risk from the stop loss levels and I walk you through all that and more in this video.
This is the only chart that matters in this hurry up and wait game.
The read on crude oil is not a price-only based setup but volume and price. Here’s how it makes all the difference.
Downtrend breaks to chop and overbought zones. Here’s what that is and how I am playing it.
In this video, we look at the market action which is not matching the real world “main street” action. We look at the recent moves higher and discuss whether we think we continue higher or if we pull back and go lower.
