Crude oil target was hit on the open last night! Profits taken @ 39.50! Did you seize this opportunity with me?
Jarboe Trading Journal
Retesting resistance levels that have recently failed and weakening global oil demand forecasts have set up a short opportunity!
October Crude Oil continues to rally back into the weekend. Did you take advantage of this bullish breakout with us?
Bullish inventory reports push crude oil higher this week. Is this market retracing back to the previous August’s highs?
Did you catch this trade with me? Equity futures continued their bullish run closing out the quarter higher!
Bullish continuation from yesterday afternoon is back. Can this rally continue to dodge the Coronavirus concerns?
The S&P 500 continued its bearish price action following my last update to sell the ES with the YM leading equity futures lower.
The equity markets are still moving lower this morning with the futures trading lower in the overnight session on concerns of a resurgence of COVID-19 cases. Yesterday’s fatalities saw the first increase in deaths in the US since June 7th.
Overnight selloff has now reversed with equity futures rallying back this morning and I’m looking for this move to be extended towards yesterday’s highs. Will we trade back to new All-Time highs by the end of the session?
Equity futures continued its bullish run today as I outlined this morning. The ES is now nearing All-Time highs (as I type this update) for the March contract in the overnight session.