Monday Morning Briefing
Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.
The spoos are back at the 25-hour SMA watering hole. Great spot to add positions and climb the latter. If we get a breach then look for a drop to the 25-hour BB below and then the 100-hour which would then be near 1490.
Gold working its way further down – the 25-hour seems to be a great spot to add postions. Long on a breach of course, especially it happens while that Net-Line Buy Level (NLBL) is blocking the way.
Meanwhile over in the woodshed ole’ bucky is not getting its butt out of the gate – again. Taken down twice at line of scrimmage and I’d be short there until further notice.
More goodies below for my intrepid subs – quite a bit of action on the FX front this morning:
More charts and non-biased commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
Please login or register for Zero Data Feed (non-recurring) or Zero Data Feed (recurring) or ES Gold (non-recurring) or ES Gold (recurring) or geronimo/ES (recurring) to view this content.
This entry was posted on Monday, January 28th, 2013 at 8:36 am. Both comments and pings are currently closed.