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Crude Oil is bullish with a Spike & Range, telling me to look for buying opportunities below the range low, preferably down in the ‘battle zone’ tomorrow.
S&P is bullish with a Spike & Channel, but the lack of ANY pullbacks today tells me that we are going to need a deep pullback off the highs to entice the bulls back into this market tomorrow.
Nasdaq is bullish with a Spike & Range, telling me to look for buying opportunities down in the ‘battle zone’, or use a Spike & Channel rotation if price pushes higher.
Gold is bearish with a Spike & Channel, which tells us to avoid chasing the move lower, and look for selling-opportunities with buyer-failures above in the ‘battle zone’ tomorrow.
Euro is bearish, but an “overshoot” of this channel tells me to wait for PROOF of continuation, or stay patient for rotation back to sell off the highs.