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Can we BUY on Thursday? | SchoolOfTrade Newsletter 10/08/14

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FOMC Meeting Minutes sparked the BIGGEST 1-day rally of 2014! Is it time to start buying yet? Not so fast… Gold pushed all the way to the highs of the range this afternoon, responding to the FOMC report… but we see this as an excellent selling opportunity for tomorrow! Crude Oil (the only market that didn’t rally) continued to push lower today but the Inventory report kept the price-action from testing our sell-zones… and that means we have PLENTY of trading opportunities for us on Thursday! Mini-Russell made new lows early in the session today, and then rallied up to the highs of the range this afternoon. We see volume confirming this move up to $1100 but we will be looking for selling opportunities when it gets there!

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Page 1: Can we BUY on Thursday? | SchoolOfTrade Newsletter 10/08/14
Page 2: Can we BUY on Thursday? | SchoolOfTrade Newsletter 10/08/14
Page 3: Can we BUY on Thursday? | SchoolOfTrade Newsletter 10/08/14
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