Too Early for a Reversal? 3 Ways to Trade It on Tuesday

Welcome back to the action, this time for the first week of October…

First week of the month is usually pretty exciting, and we didn’t waste any time getting started with big moves lower on the Eminis and a big pop higher on Gold…

The Eminis are both bearish, and I'd like to short resistance levels above today’s range. But look closely – there’s a support trend-line coming up below us, which has me thinking – is it too early to start looking for a reversal?

Gold is in a similar situation, but we’re bullish – I'll be looking for longs off support levels below the range, but with last week’s range still lingering below us, I'd be a fool to ignore the possibility of a reversal going lower…

How do we buy it? Sell it? Trade the reversals? I'll cover all the details in tonight’s video.
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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