So Many Juicy Setups
So Many Juicy Setups
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.
We’ve got movement people! The spoos are back at the 100-hour SMA and I think we toil around here for a while before we see a decisive breach (in either direction – I’m not biased here). In a perfect world we would see those two SMAs converge a bit more. Either way – if we get a breach I’m pulling the trigger.
Bonds are looking super sweet this morning – here’s my second favorite, the ZB. Excellent diagonal support so we’ll put our stop below it. Long on breach of hourly NLBL. I love how the 25-hour is lining up here – this is as good as it gets.
My favorite is the ZN but you’ll need a secret decoder ring to see that one 😉
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Cheers,