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Trading Homework for Trade-date Thursday August 1st 2019

Commentary

  • GC – barely holding triangle
  • SI – broke down from hourly formation but still in daily sideways line (barely)
  • ZB – Upside breakout – buy flushes
  • ZC – downside breakout, short rallies
  • LC – weekly grail sale kicked in but oversold on dailies. Short rallies for scalps
  • LH – Still on 5 SMA buy but also limit down.
  • NG – Held critical point. z-day, long bias, buy flushes
  • EMD – better sideways line formed. Upside breakout would be strong buy.
  • NQ – oversold on dailies – possible buy opportunity
  • YM – failed bull-flag; now in support area. Buy scalp?
  • EC – breakdown – short bounces
  • BP – short bounces. Key short area is 1.2250 – 1.2280
  • NE1 – Oversold
  • DX – Upside breakout, buy flushes
  • PL – 2 days down and still 5 SMA buy set up.
  • FESX: Look for buy setup
  • FDAX: Look for buy setup
  • NOK: Short rallies
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