Daily Plan 5.29.24
Welcome back everyone!
First, we will cover the recap for today's session, then move on to tomorrow's analysis.
Indices:
The Emini and Nasdaq started off hot with a strong move to the upside nearly hitting both the long targets. When the cash session opened both found support at the long levels but this was not able to move back up to the targets. The Emini has been much weaker as of recent times which even broke below the swing VAL which failed shortly after. For some breadcrumbs to the free readers, I expect we may see some selling into tomorrows session which will be talked about in detail inside the chat room.
Commodities:
Oil completely exceeded my expectations with a strong rally setting the low at the long level and breaking the long target for 65 pips. Price then continued higher for an additional 112 pips.
Gold had a whipsaw session with price being indecisive between breaking below the short level and attempting to rally above the long level. Price closed the session just above the long level posted relatively no opportunity for longs or shorts.
Stocks:
Two stocks were covered today in chat with one already jumping up 100%, as we go through the week I will recap them. As of right now they are exclusive to subscribers.
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