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Crude Oil is bullish with a Spike & Channel, just a few ticks above the prior day high, which tells us to focus on buying a deep pullback into the ‘battle zone’ to avoid getting chopped-up around the PHOD.
S&P is bearish and getting ready to fill profit targets for the sellers, so we’re waiting for buyer-failures up above the moving-average to sell more tomorrow.
Nasdaq is bearish, but sitting on the market's objective is a horrible place to sell, so we’re staying patient for a “Trap” off the low, or a strong break lower for a measured-move tomorrow.
Gold is bullish and just about to reach its target, which tells us to stay patient for “traps” off the high, or a successful breakout-pullback to new highs tomorrow.
Euro is bullish with a Spike & Channel, which tells us to look for buying opportunities after a ‘2-legged pullback’ off the highs tomorrow.