Nov 6, 2018 – Midterm Comeback

Premarket Insight

Election day is upon us and things seem pretty calm in the premarket. Nasdaq futures taking a bit of a rest after a 40-point selloff in the European market hours. Economic Outlook shows jobs report scheduled for 10:00 EST. Also, another day of earnings with some retail and fast food companies that could bring some decent volatility in the market if traders are not too busy casting their votes.

 

Premarket volume check showing pretty much the same story as yesterday with CLZ18 once again being all alone before the 100k of volume mark. GC currently up +0.35 percent with a strong bullish move in the European session. CL and 6E pretty much trading sideways. From a technical standpoint, CL bounced off yesterday’s low, looking to retest previous short-term support.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Profit $65

  • TST = $65
  • AMP no trades

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

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