Friday Morning Briefing
Friday 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 in a pretty good spot right now. I want to be long above the 25-hour with as top below that NLSL at 1,715.25. A bit of BB compression going on there as well, could get fun. I am not that interested in a short here below the NLSL as the 100-hour looms below at 1705.
The NQ is looking pretty solid here with plenty of ST support below. However some very pronounced BB compression and perhaps we’ll get a bit of acceleration here.
Some FX plays below for my intrepid subs:
It's not too late - learn how to consistently trade without worrying about the news, the clickbait, the daily drama and misinformation. If you are interested in becoming a subscriber then don't waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.
Please login or subscribe here to see the remainder of this post.
Cheers,