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The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.
Commentary from this past week includes:
2 min supply zone on oil I’m looking for take short for a day trade.
Oil finally hit that 4 hr supply zone.
Brexit is causing price on the British Pound to move up and into Weekly Supply. I’m will be looking to short price as a position trade.
Oil on the move.
Don’t really know if the S&P 500 futures supply will hold or not, since price has been here multiple times, the probability favors the bulls that price moves higher.
NQ futures sitting right below a 4 hr supply zone.
Immediate 4 hrs zones in play on the Russell 2000 futures.
After hitting the the 4 hr demand on Friday the S&P 500 futures is almost at the daily supply again.
Oil short missed while I was writing a post for Steemit. I really need to utilize the alarms on my platform, but would of missed the trade anyway as the entry was quickly hit and left the 15 min supply zone.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
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