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“If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception, it is a prevailing attitude.” –Charles R. Swindoll Today’s Newsletter: • Last Night: Another monster winning trade called from last week’s Newsletter on Mini-Russell • Markets Today: everything moving lower ahead of Red-Star News this week • News for Tomorrow: Very light news day, 9am EST is first news of the session • Trading Opportunities: Selling Gold, Mini-Russell, and Crude Oil • Click here to register for our FREE Trial • Join our Live Trade Room as a GUEST here Notes for Tonight’s Newsletter: Misc: • Markets moving conservatively ahead of Red-Star News later this week • Lot of news this week: o End of July / Beginning of August o Non-Farm Payrolls & FOMC Meeting ahead of us • Gold Contract Rollover end of July Gold: • Contract Rollover 07/31/14 • Highly-affected by Wednesday’s Pending FOMC • Trading quietly on top of the daily 200ema • $1300 big-round-number is a price-magnet • Anchor Chart 32: Lower-lows tell us to look SHORT • Anchor Chart 16: Selling below 1301.1 • Target for the short @ 1287.5 Crude Oil: • Calming down after violence in the Middle East • Bearish market-personality last 3 sessions in the US • Trading just below $102 big-round-number, between support and resistance on the daily chart • Moving back towards $100 big-round-number • Anchor Chart 32 = Bearish & selling short • Anchor Chart 16 = targets at 101.15, 100.90 and 100.19 Mini-Russell: • MONSTER winning trade called on the last Newsletter o Short @ 1161.1, targets @ 1141.1 and 1130.3 o Over $2,000 profit per contract! • Pushing lower today ahead of Wednesday’s FOMC / Friday’s Non-Farm Payrolls • Anchor Chart 32 = ready to sell short • Anchor Chart 16 = get below 1135.0, targets below @ 1127.1, 1122.2 and 1117.3
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