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Friday Morning Briefing

Friday Morning Briefing

by The MoleApril 10, 2015

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.


Equities held their ground over night and if you’re not exposed yet then you may want to hitch a ride on a retest of the 25-hour SMA – we also have a few Net-Line Sell Levels there.


The better setup IMNSHO is the NQ – seamed by two Net-Lines and you can be long above 4402 or short below 4390 – tight little range.


Soybeans – I’m taking out a long here with a stop below 949. If stopped out then I’m flipping for a short with a stop above 953.5. I actually think this one goes to the downside but until then this is a great inflection point for a surprise bounce. 1/2R only – so let’s see what happens.

See you guys in the afternoon.

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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