• NOTE - All calls are made in the live trade room with clear entries, stops, and targets.
• I announce them verbally and I make sure I draw lines on the charts OR take them on my chart trader.
CL (Crude Oil) and US-Oil
Last week I said (I would love to see a pull back to 44.70 area so I can find another swing short, I see 43.25) I saw it coming down too. The video below from Monday, July 24, 2016 (last week’s live trade) has more explanations
ES (Mini S&P) and SPX
YM (Mini- Dow) and US-30
NQ (Mini NAZDAQ) and NAZ 100
It is a mess, NQ and ES made highs while the YM closed in negative. I think the Asian open today will give us a gap.
Over all my view this week is:
YM looks like the leader. It seems it wants to go down and bring the rest with it. Last week’s low on YM that I projected didn’t hit. But we did come close though.
YM Downside: A big attraction to a price below, which is 18268.
We do our analysis daily, since the volume is dynamic, things can change in the short term. We use this in our room for trading the direction of the market.
Recently we added Spot forex, CFD’s, Currency pairs, and also options