MY DAILY TRADING WATCHLIST:
The markets were quiet yesterday waiting for the #FOMC . This led to a sell off but the futures have pulled back those losses in the overnight so it is now back to the same levels. It is a short trading week with the US markets closed tomorrow so today could also be quiet. Below is my main assets I am watching but if it's quiet, I'll just turn off the computer and do something else.
- #Oil down another 1.5% and so far it has looked right to be patient waiting for the right long trade. Gap window at $71 is the level I am waiting for and I would start a position there. $oil
- #Gold pushed back up overnight but has given up a lot of those gains. Does it continue the pull back or can it get above the $4380 resitance? As I said yesterday, I took the short from there and looking for a drop below $4000. $GOLD $GL
- #Bitcoin lost the $65.5k level yesterday so my bias is now bearish and I think new lows could come. BUT, this is a VERY difficult area to short as the risk is a big short squeeze on #crypto which quickly wipes you out. So I am generally on the sidelines in $BTC but would like new lows to enter a better long trade.
NOTE:
I am always watching the stockmarket but just posted about that separately