Today, I'm narrowing down to six key markets. For the S&P, it's all about waiting for a pullback from the prior day's high or a breakout above the CVA. If it dips back inside the range, I'm ready to go short with some scalps.
For the NASDAQ, it's looking strong. I'm thinking about a long position if it pulls back to the prior day's high.
Gold is in a downtrend across all areas, and I'm already in a short position from the CVA low. I'm thinking about adding to that if it pulls back to the prior day's low.
Crude Oil is pretty balanced. I'm looking at the high of the CVA for a short opportunity if it gets there.
For the Yen and Euro, both are rotational. I'm eyeing long opportunities if they show some acceptance and pullbacks from key levels.
That's the vibe for today. Let's trade smart, avoid the chop, and keep it moving. Peace!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.