Homework and TradeSheet for Thursday June 13th

June 12, 2019

SP – 3 bar overlap/NR7, 3 bar triangle in NAZ, RUS and DOW….  = breakout mode.  Market can spaz in one direction and then come out the other or gap and trend.  If Gap in morning session , watch to see if it is open, drive, and test globex high or low, or retrace into the gap area first. SP – 75.25 would be U turn down.  89.75 is the first upside pivot.

NQ 240 Buy or… 60 minute U turn….Rus main index to watch (imho).  Rus on a solid  Buy Day configuration but still three bar overlap.

US – 3 bar triangle breakout/low TP reading. (155 high test area) or watch for lower high.

TY – on daily bull flag

GC – 120 First cross buy

SI – Buy Day

CD – 5 SMA buy though can still test PDL

KC – daily first cross buy

check out Cocoa and Sugar…anyone trading these markets?  these are good swing markets for position trades as is coffee.

Grains – more up!

9:30 P.M. EST Wednesday night:  AUD Employment change

3:30 A.M. EST SNB Monetary Policy Assessment & LIBOR Rate

8:30 A.M. EST USD Import Prices & Unemployment Claims

10:30 A.M. EST Natural Gas Storage

1:01 P.M. EST USD 30-Year Bond Auction