Here is an update from last post on the trading plan. We can easily see what we were expecting to do in such of a move.

For educational purposes only and not intended as a financial advice of any kind.

 

Market changing due to the pandemic? No problem. We can watch in this case crude oil futures for its behavior. In out 3 min chart, we are tracing trend lines to look for any opportunities that can come due to fundamentals. 

From this point, this chart is being considered as a starting point for any side move. Obviously the idea is not when it will go into the direction we want, but whenever it moves, we move and trade with it.

For educational purposes only and not intended as a financial advice of any kind.

 

Crude Oil futures is in a very nice position and price level for nice trades. This short shows how big the potential has been on an easy to view short. For the opposite side, we now need to watch it carefully so when it consolidates, we take the next move to any side.

For educational purposes only and not intended as a financial advice of any kind

 

Nice short as expected on the E-mini Russell 2000 futures. As per out last post, the technical indicators have provided a great tracking tool, the way they are supposed to work. In real time, fast, very accurate and fast.

For educational purposes only and not intended as a financial advice of any kind.

 

After bad news on increasing numbers on covid-19 related deaths and infections, the Russell 2000 e-mini index futures has become a nice opportunity.

On a three minutes chart, it looks like it has placed within a position of support by our technical indicators. Now, when we look at a chart like this, it is very clear that any related fundamentals can enhance the value of this opportunity.

That happens because it is also building on its 3 minutes chart, a resistance for the last move. So, going up or down, the trades are very clear and identifiable. 

We can use the same technical analysis with other market indices, futures, etf and even single stotcks.

For educational purposes only and not intended as a financial advice of any kind.

 

Crude Oil move this morning to the upside as a profitable move. Here is a 3 min chart of the move so far. Bullish since opening to the point of testing a new resistance. Track to view the next move and do some homework to make some profits.

For educational purposes only and not intended as a financial advice of any kind.

 

Russell 2000 E-Mini Futures. 3 min chart to view it is trending this morning to the upside.

For educational purposes only and not intended as a financial advice of any kind.