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Keep an eye on these charts.
These are the energy and metals names I have on my watchlist.
How to play the next move in crude oil.
The uptrend in crude oil is the most significant this daily chart has had in a while. The news that OPEC in not increasing production coupled with their comfort with crude at $100/bbl makes it difficult for sellers to want to step in.
The Importance of “00” Psychological Levels.
Whether daytrading or end-of-day trading, the “00” plays a role in some of the most important support and resistance levels on a chart. Here’s how it played out on the intraday Dow futures today.
Patience for Retracements.
On the intraday Dow and end-of-day gold. Here’s how we wait for the zone for the best risk/reward.
Crude Oil Profit Taking Zone.
In this video, I show how to use Darvas levels to help identify profit taking zones.





