This video discusses the support we used as a profit target for our Crude Oil (CL) shorts from this mornings futures live trading room. We also discuss why we used a support “zone” instead of just a single pivot low for the target. Recent Related Articles...
Today we take a look at the Corn (ZC) futures market and discuss the compression that has been going on over the past several months. We are watching a daily pennant pattern and looking for a breakout sometime in the next couple weeks. Recent Related Articles Trading...
Today we discuss a trade from the futures live trading room where we shorted Crude Oil (CL) Futures on a compression breakout using Renko price charts. We also used the MQ Momentum Trender Pro indicator to confirm the breakout. Don’t forget, the Base Camp...
Today we discuss a trade setup in the Nasdaq (NQ) futures from the futures live trading room this morning. It is what we call a run on the stops and it occurs when there is a break of a resistance level, then the market immediately turns and closes in the opposite...
SPX has been moving higher over the last 5 days. We are within 3 points from touching the 200 day simple moving average. Once we hit this major resistance level, the market may rest and pull back from this bullish breakout move higher. Recent Related Articles Trading...
Google reports Q4 earnings today after market close. GOOGL has already moved higher by 2% in anticipation to the report. This bullish assumption, has the potential market maker move of + or – 45 points. We’ll have to see how the price reacts after the...
