The E-Mini S&P 400 has rallied nearly 50 points since the impressive reversal near 950 early last week, which has led to great “buy the dip” opportunities. Here’s how I see tomorrow’s market playing out, along with my trading plan..
The E-Mini NASDAQ 100 futures contract has endured a string of weakness in recent days, as price dropped nearly 200 points from the September high. However, this contract may be headed higher tomorrow. Here’s why..
The United States Oil Fund ETF ($USO) has dropped sharply over the last two weeks of trading, selling off from $38.00 to $34.60. However, $USO may be on the verge of a nice Turkey Day bounce heading into the end of the week. Read More..
The ES played extremely well off our Action Levels yesterday, as two decent sell opportunties led to moves of 12 and 9 points. Given yesterday’s relatively quiet trading day, we could see another explosive breakout/trend day upon us. Let’s take a look at the levels to watch for today’s trading.
After Friday’s decline, the ES could be on the verge of much more selling pressure ahead. Take a look at the action levels that I’ll be looking to play today.