Our Premium Members had a fantastic week! And I wanted to show off a few of our Playbook calls, which helped pave the way to solid moves off our key levels across several different futures contracts, including a 20-point move in Gold, a 10-handle move in the E-Mini S&P 500, and a beautiful 50-point rally in the E-Mini NASDAQ 100!
Our Premium RT Playbook for the NQ highlighted a picture-perfect trade opportunity that was worth 30 points during Thursday’s session, complete with precision entry and exit levels. Here’s how the trade went down…
I’m pleased to announce that I’ve released new PivotBoss Indicators for the ThinkorSwim platform for Premium Members!
Gold developed another Inside Day after trading less than 65% of its 10-day ADR, which implies expansion ahead. Failure to hold above 1250 opens the door to a test at 1210.50. Bulls will be looking to defend the CLVN at 1250 for a shot at 1300 and above.
Sellers became trapped below the previous week’s low price of 1982, which fueled the move higher. The initial impulse move of the short squeeze created a key range from 1974 to 2004.25, which forecasted a 100% expansion target at 2034.50. Expansion through the top of the range at 2004.25 was defended on the retest at 2007, which fueled the move to the 100% expansion target at 2034.50.
