Spot a Pattern You Recognize: One Simple Tip for Becoming a Better Trader
By Gary Grimes
How much can a trader learn from a quick glance at a chart? You may be surprised by the answer proposed in this example from analysts at Elliott Wave International. Read More.
BMO Commentary
Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.
0730.ET
World Markets are mixed +/- 0.3% . . US Futures are Down some.
QQQQ/SPY are currently Trading at 46.23 / 113.23
The US-Dollar is Up 0.25% .. over 78 right now.
See last night’s AMC Commentary for QQQQ Targets.
There are Big Economic Events out this morning starting at 0830.ET . . so be careful!
I am expecting some good employment numbers (like the Challenger ones already this morning) from ADP at 0830.ET and the Jobs Numbers on Friday. This should keep the Markets afloat and running higher . . but watch for the actual numbers before jumping in.
AMC Commentary . . later tonight . .
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