Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Labor Day Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro


Published on

Crude Oil is bullish with a Spike & Channel, telling us to watch for a ‘2-legged pullback’ back to the ‘battle zone’ for the most reliable buying opportunities tomorrow.

S&P is bullish with a Spike & Channel, and a recent flattening of the moving-average tells us to keep an eye on a Trading-Range ahead of the Labor Day Weekend.

Nasdaq is bullish with another low-volume, zombie-like run higher today, and we’re watching the ‘battle zone’ for buying opportunities on the way up to the round number target tomorrow.

Gold is bullish and trying to reach the “missile-test” highs from earlier this week, and we have a GAP pattern telling us to stay patient for buying opportunities ahead of this Labor Day Holiday Weekend.

Euro is bullish with a V-Bottom pattern, telling us to avoid the “Traps” at the high, and look for buying opportunities in the ‘battle zone’ tomorrow.

  • Be the first to comment

  • Be the first to like this