Morning Note:
Good morning traders,
On the equity side we sent out another report in the series last night for trades we are managing, starting new and those on watch. There is a summary review at the beginning of the report that is important with reference to current trade management.
Swing Trading, Stocks, Alerts, BTAI, PRPO, NFLX, HIIQ, NKE, AAPL, SRPT, HD, TSLA, C, XON, NET, EZPW, NATGAS, OVX, OIL, COPPERhttps://t.co/yujU9RCBJH
— Swing Trading (@swingtrading_ct) December 27, 2019
Today is EIA and that should mark the new cycle in swing trade entries (normally we enter after EIA and as close to Friday late as possible). EIA is normally Wednesday.
Has been a great year for swing trades and oil trade with EPIC v3. Next year we expect to continue positive ROI growth.
https://twitter.com/EPICtheAlgo/status/1210523956261904384
EPIC v3 software is starting to short and under pressure early in sequence (as usual). Developer talk for those with an interest. #OOTT $CL_F $USO $UWT $DWT $UCO $SCO #EIA today #oiltradealerts #machinetrading
https://twitter.com/curtmelonopoly/status/1210532854226194434
The Federal Reserve has signaled it would keep interest rates on hold through 2020 following three cuts this year. https://www.bloombergquint.com/business/gold-heads-for-best-week-since-august-as-rally-gathers-pace
New year on deck so there will be many additional set-ups to review over coming days.
Let us know if you have any questions.
Curt