Wednesday Morning Briefing
Wednesday 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 NQ inside day triggered this morning and if you set your alerts then you ought to be in a long trade right now with a stop below yesterday’s low. The odds here are still mixed – let’s see if it takes off.
Gold got stopped out at 1R this morning. It sucks IMO because I have an inkling it’ll really go gangbusters after shaking out some of us retail monkeys. But the rules are the rules, sometimes for the better and sometimes for the worse.
Not much else going on this morning on the futures side – I did however find a few good entries over in Forex:
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Cheers,
