Tuesday Morning Briefing
Tuesday 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.
Equities still gyrating within their range, however the NQ is looking a bit more gung-ho and I’m grabbing 1/2R right here with a stop below 4203.
Crude just breached it’s 100-hour SMA and is back for the obligatory retest – NLSL right underneath – I love these types of setups. Long here with a stop below the 25-hour.
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You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.
Cheers,